No. For most med spas, fall is the best time to switch. It gives a new accountant two to three months to clean up the books and plan your taxes before December 31. Wait until February, and your new accountant inherits a closed year and can only file whatever the numbers say. At Liguori Accounting, […]
Is It Too Late in the Year to Switch Your Med Spa’s Accountant? Read More »
Accounting/Bookkeeping
In most med spa MSO structures, the management company (the MSO) should carry the practice’s profit or loss at year end. The clinical entity (the PC) should finish close to break-even. The management fee is what moves the profit, and a year-end true-up under your Management Services Agreement is how you land it. If your
Which Entity Should Show the Profit in Your Med Spa MSO at Year End? Read More »
Med Spa
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