About this episode
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 Ready to take your pharmacy to the next level? Schedule an Rx Assessment with us: https://www.sykes-cpa.com/rx-assessment-service/ Stay connected with us on social media: Sykes & Company P.A.: Facebook: https://www.facebook.com/sykesandco/ Twitter (X): https://x.com/SykesCompanyPA LinkedIn: https://www.linkedin.com/company/sykes-company-p-a-/mycompany/?viewAsMember=true Instagram: https://www.instagram.com/sykescpa/ YouTube: https://www.youtube.com/@sykescompanyp.a . Scotty Sykes – CPA, CFP LinkedIn: https://www.linkedin.com/in/scottysykes/ Scotty Sykes – CPA, CFP Twitter: https://x.com/ScottySykesCPA More resources about this topic: Resource – The Changing Pharmacy Dynamics: https://www.sykes-cpa.com/fundamental-pharmacy-accounting-unveiling-financial-trends/ Blog – Tax Smart Depreciation on Pharmacy Buildings and Equipment: https://www.sykes-cpa.com/tax-smart-depreciation-on-pharmacy-buildings-and-equipment/ Blog – Tax Planning for Equipment Investment Using Section 179: https://www.sykes-cpa.com/tax-planning-for-equipment-investment-using-section-179-depreciation/