SERIES: Master The Margin | Ep. 7 | Life in the Tax Lane: The Right Vehicle Strategy for Your Pharmacy

Episode notes

Send us Fan Mail Check out the full episode with bonus insights Schedule an Rx Assessment To lease or not to lease…or to purchase? When it comes to getting a new vehicle for the pharmacy, one of the most common questions we get asked from owners is “should I lease or should I purchase a vehicle?” In this episode of Master The Margin, Scotty Sykes, CPA, CFP and Kathy Blanchard, Senior Pharmacy Accountant break down this question and what it means for your tax strategy including: Why leasing might limit your tax strategy How purchasing a vehicle can unlock large write-offs The critical importance of mileage logs and business-use documentation How a separate delivery LLC could protect your pharmacy from liability And more!