The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.

SERIES: Master The Margin Episode 3: Fixed Assets 101


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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 

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 Dynamics

Blog – Tax Smart Depreciation on Pharmacy Buildings and Equipment

Blog – Tax Planning for Equipment Investment Using Section 179

...more
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The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.By Sykes & Company, P.A.

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