Proactive accounting throughout the year is one of the best tax planning strategies for your independent pharmacy and will save you money and stress. Scotty Sykes, CPA at Sykes & Company, P.A. shared with Pharmacy Times a few key areas that can help in your tax planning and mitigation. In the article, he shares:
- The benefits of an overview of your current accounting system.
- How technology can provide an advantage in your accounting.
- Why inventory control is a critical factor in your pharmacy management.