Make a Clean Break

When it’s that time to sell, make a clean break. Don’t make the same mistake 

as many other practice owners who are sellingthe practice and proceed to 

negotiate sales, especially with associates, with a lot of strings attached. 

When contemplating the sale of your practice, consider this important fact:

 

According to veterinary accountant Gary I. Glassman, CPA, “Your practice entity 

Selling A Veterinary Practice

When it’s that time to sell your veterinary practice, make a clean break. 

When contemplating the sale of your veterinary practice, consider this important fact:

According to veterinary accountant Gary I. Glassman, CPA, “Corporate buyers are still 

an option and one should not look past merger opportunities. Corporate buyers are still 

available for those who want to make quick transactions or see no other avenues to

create a sale. You may consider a corporate buyer over putting the veterinary practice 

Tip for Selling a Veterinary Practice

When it’s that time to sell your veterinary practice, make a clean break. When contemplating the sale of your veterinary practice, consider this important fact:

 

IRS Identity Theft Season Begins Now

Each year thieves try to steal billions in federal withholdings by stealing your identity. As the IRS focuses more attention on this quickly growing problem, now is the time of year to be extra vigilant.

Early tax filing season is the worst time

Your federal tax account at the IRS has plenty of money in it from all the taxes withheld from your paycheck during the course of the year. Until you file your tax return, the IRS does not know whether you need to pay more in or they need to refund you the excess amounts withheld.

COVID-19 Resources for Employers

 

CDC Information - General Business

Frequently Asked Questions - Coronavirus Disease 2019 (COVID-19)

 
 
 

Build a Fortress Defense for PPP Loan Forgiveness

 

Build a Fortress Defense for PPP Loan Forgiveness image

 

Selling your practice? Make a clean break.

 

When contemplating the sale of your veterinary practice, consider this important fact:

The New Face of Banking

It suddenly just got a whole lot more difficult to buy a home

Banking in a postpandemic economy image

The banking sector is the latest industry to dramatically change how it operates in response to the current economic environment. The most visible change for consumers are new requirements for taking out a mortgage.

Upcoming Live Webinars with Gary Glassman

Gary has two upcoming webinar talks, one with the CVMA on May 26 from 7:00 – 8:00 PM, and another, a live national webinar via Zoom with AmeriVet on June 11 beginning at 7:00PM on the topic: Planning for the Transition: The How, Why, and When of Selling your Practice. 

 

Key Coronavirus Tax Changes

 

 

Every taxpayer should know… 

 

In addition to filing delays and stimulus payments, the IRS is implementing many changes in response to the coronavirus pandemic. Here are some of the major topics that could affect you, your veterinary practice and your family.

 

Early distribution penalty waived

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