Feet standing on arrow pointing forward

Pharmacy Tax Services

Tax planning, mitigation and compliance are key components of your pharmacy cash flow.

What is Tax Mitigation?

With a fundamental accounting system in place at your pharmacy, historical tax compliance is easy. The tax planning and mitigation are what really support your cash flow.

Our pharmacy CPA advisors focus specifically on tax matters that impact independent pharmacies and their owners. We analyze tax laws for how they apply to pharmacies and then deliver proactive tax consulting.

Two smiling pharmacists looking directly at the camera with arms folded across their chests

Ask the Advisor

Scotty Sykes portrait

Scotty Sykes, CPA, CFP®

Services

  • Business tax return preparation

  • Individual tax return preparation

  • Sales & use tax preparation & filing

  • Tax planning services

  • Annual Form 1099 processing & filing

  • Annual property tax return filing

  • Pharmacy industry tax advisory

  • R&D tax credit services

  • Employee Retention Tax Credit (ERC) services

  • Cost segregation tax planning

  • Retirement tax planning

  • Asset acquisition & depreciation tax planning

  • Accounting method planning

  • Charitable contribution planning

  • State tax nexus advisory services

Pharmacy Tax Videos – Visit our Popular YouTube Channel

Accrual to Cash Accounting for Pharmacy Tax

Bonus Depreciation for Your Building and Equipment

How Your Accounting Maximizes Tax Planning and Cash Flow

See our tax-related services for buying a pharmacy or selling a pharmacy.