A few days ago, one of the most virulent, emotional and taxing election cycles in American history came to a surprising and unexpected close with the election of our 45th president: Donald J. Trump. A great deal has been written regarding the effect of this election, historically, socially, politically and more — so we will offer no such commentary here. Rather, it is time to address how the election of President Trump will affect the business of medicine — specifically the effect on health care practitioners in Southern Nevada.
Whether your business is a restaurant, office or retail establishment, you have a responsibility to keep your customers safe while they are on your property. Premise liability, which concerns injuries due to unsafe or defective conditions on someone’s property, are largely preventable with the right planning.
It’s pretty clear from the last several quarters that Southern Nevada real estate is on a steady comeback that has washed away much of the after-effects from when the sector’s balloon burst in 2008.
What keeps us from getting to where we want to be or what we want to do? Sure, it may be a lack of the right skills, bad luck, having other goals or just being plain lazy. More likely, however, the answer is elsewhere and much closer to home. We can call them “everyday” attitudes that are so much apart of us we don’t know the damage they’re doing.
This is the best time of year to establish a relationship with a certified public accountant. Why? Because you still have time to do some effective year-end tax planning and to provide some basic financial information to the CPA so that your tax season meeting will be meaningful and efficient.