Tax Planning Strategies Improved Bottom Line
Dr. Jesse Sondel’s dream of owning his own business came true when he founded Sondel Family Veterinary Clinic in 2012. When treating Zoe, a family pet of an SVA CPA, a connection was made and the comfort level he had was one of the reasons Dr. Sondel choose SVA to help him establish his clinic.
“In Veterinary School I learned how to care for my patients, but the curriculum didn’t focus on the business side of running your own practice,” said Dr. Sondel. “I recognized I needed professional advice to help me with setting up the financial aspects. SVA’s expertise was vital to streamline and organize my processes and procedures.” Developing a compensation structure and regular monitoring of financial results provide the necessary framework for Dr. Sondel to grow and manage his clinic.
SVA optimized tax savings by evaluating and revamping the clinic’s business and taxation structures. The changes implemented created $10,000 in tax savings per year. “I rely on SVA’s tax planning strategies to improve my bottom line,” says Dr. Sondel.
SVA focuses on the business side of the practice so Dr. Sondel can focus on his furry four-legged patients and the owners who love them.