Tax Reform Updates for Your Pharmacy

On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act of 2017 into federal law. On this page, you will find articles and videos discussing key tax reform issues that may impact your pharmacy. We are continuously updating this page with detailed information, so check back often or sign up for email notices below.


REPEALED – Domestic Production Deduction
for Compounders (pdf)
Critical Questions About
Tax Reform
Pharmacy Business Meals &
How the Tax Reform Will Impact Your Pharmacy
Pass-Through Deduction for Qualified Pharmacy Income (QPI)


Having fundamental accounting in place is crucial to your pharmacy as you move forward with tax planning and strategies. Watch the Fundamentals of Pharmacy Accounting playlist on YouTube.

Questions about how the Tax Cuts and Jobs Act of 2017 may impact your pharmacy? Contact Scotty Sykes, CPA, CGMA at 252-632-0026 or