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

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Have you been writing off inventory on your pharmacy’s taxes? The IRS has issued new inventory rules for 2022 taxes and beyond – don’t miss this discussion! 

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Do not let your pharmacy’s accounts receivables sit on the backburner; do not just "fill and pray." Learn how to automate your account reconciliation and get paid sooner, with special guest EnlivenHealth on the latest episode of The Bottom Line Pharmacy Podcast.

 About Sykes & Company, P.A. - https://www.sykes-cpa.com/

*This is an educational discussion between likeminded professionals. Sykes & Company, P.A. employees were not compensated, nor were any vendors compensated for being on the show. 

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In this special live town hall, we take questions on the air and provide important updates for independent pharmacies on ERTC, inventory management, DIR Fees, Secure Act 2.0 and other listener concerns. 

To view the slideshow, visit our YouTube channel - https://youtu.be/Hv6oHCEqwI0 

About Sykes & Company, P.A. - https://www.sykes-cpa.com/

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Startup pharmacy success: our team talks to the owner of The Pharmacy startup in Florence, South Carolina, Jarrod Tippins, PharmD. After only six years, The Pharmacy has experienced great success. What are some contributing factors to Jarrod’s success? And what is “love in a bottle?” Tune in to learn more.

About Sykes & Company, P.A. - https://www.sykes-cpa.com/

*This is an educational discussion between likeminded professionals. Sykes & Company, P.A. employees were not compensated, nor were any vendors compensated for being on the show. 

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Pharmacy owners have misreported inventory by millions of dollars, says Scotty Sykes, CPA, CFP®. Jared Barton of Inventory iQ tells us how we can rectify the situation by putting the time and effort into the foundation of a perpetual inventory system. Hear how you can add this to your pharmacy and fix your inventory, on the latest The Bottom Line Pharmacy Podcast. 

About Sykes & Company, P.A. - https://www.sykes-cpa.com/

*This is an educational discussion between likeminded professionals. Sykes & Company, P.A. employees were not compensated, nor were any vendors compensated for being on the show. 

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Are you dispensing prescriptions or healthy solutions? Now more than ever, independent pharmacies must continue to carve out their niche by offering services that add value to their patients. On this episode of The Bottom Line Pharmacy Podcast, the team (Bonnie Bond, CPA, Kendell Harris, CPA and Scotty Sykes, CPA, CFP®) welcome T.W. Taylor, from Williamsburg Drug Company, to discuss how he has taken steps to reinvent his retail pharmacy as a community wellness center where he is able to offer diversified health services for his patients.

About Sykes & Company, P.A. - https://www.sykes-cpa.com/

This episode is for educational purposes only and is not intended as medical or health advice.  This is an educational discussion between likeminded professionals. Sykes & Company, P.A. employees were not compensated, nor were any vendors compensated for being on the show. 

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Have you done your due diligence to ensure that you qualify for the ERTC? On this episode of The Bottom Line Pharmacy Podcast, your hosts Bonnie Bond, CPA, Kendell Harris, CPA and Scotty Sykes, CPA, CFP®) discuss the complexities of the ERTC and regulatory guidelines that may help you decide if your pharmacy qualifies for the ERTC.

About Sykes & Company, P.A. - https://www.sykes-cpa.com/

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If your pharmacy’s front end is dusty and lacks that modern touch, how does customer perception affect sales? Hear what BIOLYTE®* head of pharmacy Kris Rhea says about sprucing up your front end.

About Sykes & Company, P.A. - https://www.sykes-cpa.com/

*BIOLYTE® is not a client of Sykes & Company, P.A. and no employees of Sykes & Company, P.A. were compensated to talk about this product. This podcast is for educational and entertainment purposes only.  

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How can an independent pharmacy build a competitive edge in the market by becoming the recommended pharmacy for health care professionals? On this episode of The Bottom Line Pharmacy Podcast, your hosts Bonnie Bond, CPA, and Scotty Sykes, CPA, CFP® are excited to hear Nicolette Mathey, PharmD, RPh share proven methods to create relationships with doctors and offer services outside of filling prescriptions.

 Please like, share and subscribe, and click here to learn more about our podcast team and previous episodes: https://www.sykes-cpa.com/media-resources/the-bottom-line-pharmacy-podcast/

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*This is an educational discussion between likeminded professionals. Sykes & Company, P.A. employees were not compensated, nor were any vendors compensated for being on the show. 

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Purchasing assets is one way to reduce your tax burden. What are depreciable items that move the tax needle for pharmacies? Should you purchase equipment in 2022? What changes to depreciation tax laws are coming in 2023? On this episode of The Bottom Line Pharmacy Podcast, your hosts Bonnie Bond, CPA, Kendell Harris, CPA and Scotty Sykes, CPA, CFP® discuss answers to these questions and more.

Please like, share and subscribe, and click here to learn more about our podcast team and previous episodes: https://www.sykes-cpa.com/media-resources/the-bottom-line-pharmacy-podcast/

Listen on Spotify: https://open.spotify.com/show/1VStwVBZ5Y7OIy2REiJPFV
Listen on Stitcher: https://www.stitcher.com/show/the-bottom-line-pharmacy-podcast--sykes---company--p-a-
Listen on Amazon Music: https://music.amazon.com/podcasts/ba5b39de-b2b0-4fe7-9691-271dc13bfe58/the-bottom-line-pharmacy-podcast-sykes-company-p-a 

Listen on Apple: https://podcasts.apple.com/us/podcast/the-bottom-line-pharmacy-podcast-sykes-company-p-a/id1641766864

Listen on iHeart: https://www.iheart.com/podcast/269-the-bottom-line-pharmacy-p-101324930/