Pharmacy Accounting Trends

Tax Planning for Your Pharmacy

Ollin Sykes, CPA, of Sykes & Company, P.A. discusses how the Tax Cuts and Jobs Act may impact independent pharmacies. The main areas of impact are: §199A deduction capabilities, technology updates and fixed asset purchases, meals and entertainment deduction guidelines and cash basis accounting.

Stay up-to-date with tax reform laws here. View the webinar that goes into more detail about the tax laws impact to pharmacies here.

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