Stay ahead of the tax-time curveAugust 24, 2017Thinking about April 15 often sends shivers down the spines of most, including owners of veterinary practices. With liability issues, increased regulatory burdens and an ever-changing tax code, many veterinarians don’t have the time to keep up with all the different financial aspects of the job, which is why most hire some sort of accountant or bookkeeper.
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Tax issue threatens canine blood bankAugust 16, 2016Loopholes may be good for reducing a tax burden, but they can be pretty bad when you fall into one. Hemopet, which operates a canine blood bank, greyhound rescue and veterinary diagnostic laboratory in Garden Grove, Calif., is exempt from taxes because of its nonprofit status.