Tax Planning for Equipment Investment Using Section 179 Depreciation
A repeat guest on the RxSafe Pharmacy Podcast Network program, Scotty Sykes, CPA, CFP® shared his knowledge about the Section 179 tax deduction and bonus depreciation. Specifically, pharmacies can accelerate depreciation on major capital equipment purchases for tax savings. During the discussion, …
How Financially Stable is Your Pharmacy?
To help your community as an independent pharmacist, you need to operate a successful business and stay open. The impact of COVID-19 has brought challenges and growth opportunities to pharmacy owners, which Scotty Sykes, CPA, CFP® discusses on the Catalyst Pharmacy Podcast, …
PODCAST: Panelists Discuss Recent CARES Act Stimulus and Other Pharmacy Updates
On a special edition of the Good Neighbor Pharmacy Connect Podcast, Scotty Sykes, CPA, CFP® and other business advisors were invited to discuss significant updates and guidelines on new CARES Act stimulus provisions. The podcast was recorded June 30, 2020. The panelists …
Good Neighbor Pharmacy Connect Special Edition – CARES Act Part 2
This podcast, recorded on June 30, 2020, provides new updates on the CARES Act stimulus provisions as well as guidelines for loan forgiveness. Scotty Sykes, CPA, CFP® shared his insights as part of a professional panel on relief programs and resources. They …
Good Neighbor Pharmacy Connect Podcast
Scotty Sykes, CPA, CFP® participated in a podcast with Good Neighbor Pharmacy on loan and tax provisions within the Coronavirus Aid, Relief and Economic Security Act (CARES Act). Listen to the 30-minute podcast here. …
When should you invest in technology for your pharmacy?
Ollin’s Pharmacy Technology Today’s technology is getting better and better at creating systems that improve your independent pharmacy’s accounting and workflow, plus adding efficiencies. When is the right time to invest in new technology for your pharmacy? In this blog, Ollin Sykes …
