SERIES: Master The Margin Episode 3: Fixed Assets 101

Send us Fan MailFixed 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 Unsure if the assets in your pharmacy are categorized correctly? Is your pharmacy following the best practices when it comes to depreciation schedules? Schedule an Rx Assessment with us to find out!Did you like this episode? Stay up to date on new episodes by liking and subscribing! Read and follow along with this episode at the show transcript Stay connected with us on social media:  Sykes & Company P.A.:  Facebook Twitter (X) LinkedIn Instagram YouTube  Hosts Scotty Sykes – CPA, CFP LinkedIn Scotty Sykes – CPA, CFP Twitter  More resources about this topic:  Resource – The Changing Pharmacy DynamicsBlog – Tax Smart Depreciation on Pharmacy Buildings and EquipmentBlog – Tax Planning for Equipment Investment Using Section 179