All Posts

We continue to see this pattern month after month with independent pharmacy owners. They have every element in place for a lower tax bill. The pharmacy entity. Sometimes a separate entity that owns the building the pharmacy operates out of, which pays rent to that entity. Sometimes a rental property on the side. Sometimes a spouse running a completely separate business. Each piece, on its own, is fine. Filed correctly, nothing flagged, nothing broken. The problem is nobody is

Independent pharmacy owners normally set up their business structure once, when they bought or opened the pharmacy, and never look at it again. That's a mistake. The tax code changes. Your revenue changes. What made sense five years ago may be costing you thousands today. If you're not sure whether you're a sole proprietor, an LLC, or an S corp, or you set it up years ago and haven't thought about it since, this is worth ten minutes of your time. How pass-through taxation act

If you own an S-corp and you work in the business, the IRS requires you to pay yourself a W2 wage. Most pharmacy owners know that much. What trips people up is the amount. There is no formula for this. No 60/40 split. No calculator that spits out a compliant number. The IRS evaluates reasonable compensation based on facts and circumstances: what you would pay someone else to do your job, what comparable businesses pay for similar roles, and what your specific market demands f

We support APC’s mission and long-standing advocacy on behalf of independently owned pharmacies and the patients they serve. This relationship reflects a shared commitment to strengthening the future of pharmacy, including compounding within independent practice. As part of this relationship, APC Pharmacy/Facility Members will receive a preferred services benefit with Medari Advisors. Contact a Medari Advisors for details and discount information. Medari Advisors provides tax