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

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: 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.

Source: DVM NEWSMAGAZINE

AVMA challenges 'fairness' of Internet sales tax moratorium

September 1, 2011

National Report — In a move to help veterinary practices become more competitive with online pharmacies, the AVMA threw its support to abolishing a federal moratorium on Internet sales taxes to out-of-state customers.

Source: VETERINARY ECONOMICS

The price of unemployment at your veterinary practice

June 1, 2011

Find out how to reduce or even aviod the cost of unemployment.

Source: VETERINARY ECONOMICS

The rules of deduction for veterinary travel and auto use

April 1, 2011

Learn how to record your business travel expenses correctly to avoid an audit—or survive one if you're targeted.

Source: VETERINARY HOSPITAL DESIGN

Hanging with Hafen: How to save money at tax time

March 29, 2011

If you have the right accountant, you can use depreciation laws to your financial benefit.

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