From corporate tax return deadlines to top questions about pharmacy taxes, you can find information here to clarify issues and put you in a strong position for your future.

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Pharmacy Data Mining

Data mining, or data analytics, is the use of big data in your script management system with proprietary software that [...]

Pharmacy Business Meals & Entertainment

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act. This Act completely reformed many [...]

Pass-through Deduction for Qualified Income from the Pharmacy

The last time major tax reform was signed into law I was a one-year old baby in 1986. But sure [...]

Key Tax Reform Issues to Impact Pharmacies in 2018

The Tax Cuts and Jobs Act signed into law by President Trump in late 2017 is sure to have an [...]

Protect Your Pharmacy Data from Hackers

In this video, IT expert Chris Sykes talks about why hackers target small business owners, especially those in the medical [...]

Sykes & Company, P.A. Names Susan Ausborn as Chief Operating Officer

Susan Ausborn, Chief Operating Officer Sykes & Company, P.A. is pleased to announce that Susan Ausborn has been [...]

Pharmacy Owner Compensation and Payroll Expenses

How does a pharmacy owner determine his or her own salary? Scotty Sykes shares the planning factors to consider for [...]

DIR Fees: Accounting and Tax Treatment

How should pharmacies treat DIR (Direct and Indirect Remuneration) fees from an accounting and tax perspective? Ollin Sykes of Sykes [...]

Trends in Buying a Pharmacy

In this video, pharmacy accountant Ollin Sykes, CPA discusses trends in buying a pharmacy. If you are interested in becoming [...]

Outsourced Bookkeeping vs. Outsourced Accounting
for Your Pharmacy

Sykes & Company, P.A. has compared having an in-house bookkeeper for your pharmacy to having an outsourced accounting solution, but [...]

Sykes & Company, P.A. Names Bonnie Evans Bond and
Scotty Sykes as Shareholders

Scotty W. Sykes, CPA Bonnie E. Bond, CPA As part of its growth strategy, Sykes & [...]

Last Minute Tax Strategies for Pharmacy Owners

How can pharmacy owners maximize their deductions for 2017? Scotty Sykes shares last minute tax strategies for pharmacy owners to [...]