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The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.
Welcome to the Bottom Line Pharmacy Podcast!
On this show, we bring you valuable insights from pharmacists, key vendors and other innovators to bring you pharmacy CPA advice and fuel your bottom line.
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The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.
SERIES: Master The Margin Episode 3: Fixed Assets 101
Fixed Assets...what are they and what are the best practices you need to implement in your pharmacy?
In this episode of Master The Margin, Scotty Sykes, CPA, CFP® and Kathy Blanchard, Senior Pharmacy Accountant dive into the essentials of fixed assets.
Tune in to learn more about:
- Significance of planning and tax strategies
- The importance of correctly classifying fixed assets
- Best practices for managing and reviewing your fixed asset schedule
Unsure if the assets in your pharmacy are categorized correctly? Is your pharmacy following the best practices when it comes to depreciation schedules? Schedule an Rx Assessment with us to find out!
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Read and follow along with this episode at the show transcript
Stay connected with us on social media:
Sykes & Company P.A.:
Hosts
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Resource – The Changing Pharmacy Dynamics
Blog – Tax Smart Depreciation on Pharmacy Buildings and Equipment
Blog – Tax Planning for Equipment Investment Using Section 179
