Tax news and business advice for veterinary practitice owners, associates and managers - Veterinary Economics
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Taxes
Source: DVM NEWSMAGAZINE

Arizona wants veterinary, other healthcare services taxed

April 1, 2012

Phoenix, Ariz. — Veterinary services may soon be hit with a 6 percent retail tax.

Source: DVM NEWSMAGAZINE

W.V. may exempt veterinary drugs from sales tax

April 1, 2012

Charleston, W.V. — A new bill in West Virginia is seeking to exempt veterinary medications from consumer sales and service taxes.

Source: VETERINARY ECONOMICS

Veterinarians: Tax credits and laws worth a second look

April 1, 2012

Revisit your 2011 tax return—and don't miss what you're owed.

Source: VETERINARY ECONOMICS

The facts behind the foreign asset crackdown

March 1, 2012

Do you have foreign bank accounts or investments? Listen up: The government isn't messing around with its reporting rules.

Source: VETERINARY ECONOMICS

Know your deduction limits and keep your veterinary practice out of trouble in 2012

January 1, 2012

Here are four new tax limits to watch for when you do your veterinary practice taxes in 2012.

Source: DVM NEWSMAGAZINE

Cut corners on your veterinary practice payroll tax—at your peril

December 1, 2011

Uncle Sam is stepping up efforts to investigate payroll-tax fraud. Don't let your veterinary practice get tangled up in a mess.

Source: VETERINARY ECONOMICS

Independent contractors vs. veterinary employees: Know the difference

December 1, 2011

Providing the right documentation can protect your veterinary practice come audit time.

Source: DVM NEWSMAGAZINE

DVM enters plea deal on tax fraud charges

November 1, 2011

Greenville, Tenn. — A Tennessee veterinarian who operates a website supplying holistic medications for horses and companion animals entered a plea agreement with the federal government over charges he failed to pay taxes on nearly $2 million in earnings from his business.

Source: DVM NEWSMAGAZINE

Ohio to crack down on use taxes; offers 'amnesty program' for small businesses

October 1, 2011

Columbus, Ohio — As more veterinarians buys products over the Internet from out-of-state suppliers, Ohio says it will crack down to make sure they are collecting often-forgotten use taxes.

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