End of Year Tax Tips | Becoming a Pharmacy Badass

Dr. Lisa Faast reviews tax tips and strategies for pharmacy owners that will help you keep more net income in your pocket. **Disclaimer** I am not an accountant or tax professional. This podcast is not giving tax advice; please run all of these recommendations and strategies by your preferred tax professional. This is, however, wisdom that I have learned along my journey as a serial entrepreneur.* **Show Notes:** 1. **R&D Tax Credit** [1:28] 2. **Disabled Access Tax Credit** [3:29] 3. **Changes in 2018 Tax Law Regarding Inventory** [4:56] 4. **Employ Your Children** [6:40] 5. **Vehicle Purchase** [8:06] 6. **Pre-fund Employee Benefits** [9:22] 7. **Pre-pay Business Expenses** [10:02] 8. **Short Term Rental of Your House** [10:43] 9. **Invest or Buy Property** [12:41] Becoming A Pharmacy Badass is hosted by Dr. Lisa Faast, CEO of DiversifyRx. We are proud to be a part of the Pharmacy Podcast Network. Learn more about your ad choices. Visit megaphone.fm/adchoices