ERTC Due Diligence – The Bottom Line Pharmacy Podcast
Have you done your due diligence to ensure that you qualify for the ERTC? On this episode of The Bottom Line Pharmacy Podcast, your hosts Bonnie Bond, CPA, Kendell Harris, CPA and Scotty Sykes, CPA, CFP®) discuss the complexities of the ERTC …
Is Your Front End an Asset or a Liability? – The Bottom Line Pharmacy Podcast
Does your over-the-counter section of the store give patients the impression that you are a thriving or a dying pharmacy? Are the items on your shelf driving traffic into or out of your pharmacy? On this episode of The Bottom Line Pharmacy …
Maximizing Your Largest Expense – Inventory
Owning an independent pharmacy is not easy. Pharmacy owners have misreported inventory by millions of dollars, says Scotty Sykes, CPA, CFP®. Jared Barton of Inventory iQ* tells us how we can rectify the situation by putting the time and effort into the …
Becoming a Pharmacy that Dispenses Healthy Solutions – The Bottom Line Pharmacy Podcast
Are you dispensing prescriptions or healthy solutions? Now more than ever, independent pharmacies must continue to carve out their niche by offering services that add value to their patients. On this episode of The Bottom Line Pharmacy Podcast, the team (Bonnie Bond, …
Town Hall | The Bottom Line Pharmacy Podcast
In this live broadcast of The Bottom Line Pharmacy Podcast, we invited you to ask questions about ERTC, inventory management, DIR Fees, the Secure Act 2.0 and other pharmacy business management issues for 2023 and beyond. Hear from pharmacy CPAs and advisors …
Startup Pharmacy “The Pharmacy” on How to Be Successful
On The Bottom Line Pharmacy Podcast, our team talks to the owner of The Pharmacy startup in Florence, South Carolina, Jarrod Tippins, PharmD. After only six years, The Pharmacy has seen great success. What are some contributing factors to his startup pharmacy …
New Inventory Rules Impacting Pharmacies: TD 9942 Update
When the Tax Cuts & Jobs Act of 2017 was signed into law, many pharmacy owners interpreted the new rules to mean taxpayers could write off inventory. Now that Treasury Decision 9942 has gone into effect, pharmacy owners that wrote off inventory need …
Employee Retention Tax Credit for Startup Pharmacies
Still a hot topic, the Employee Retention Tax Credit (ERTC) remains available retroactively for those who qualify. On this episode of The Bottom Line Pharmacy Podcast, the team (Bonnie Bond, CPA, Kendell Harris, CPA and Scotty Sykes, CPA, CFP®) discusses ERTC eligibility …
Technology, Security and Your Pharmacy
Cybersecurity is a hot topic in all areas of business, and it is also gaining traction in the pharmacy industry. Pharmacies collect Personally Identifiable Information (PII) and Protected Health Information (PHI) from their patients to dispense prescription drugs and to maintain appropriate …