Make A Clean Break

When it's that time to sell, make a clean break. Don't make the same mistake  as many other practice owners who are sellingthe practice and proceed to negotiate sales, especially with associates, with a lot of strings attached. When contemplating the sale of your practice, consider this important fact:


According to veterinary accountant Gary I. Glassman, CPA, Your practice entity type can make a big difference in how much cash you walk away with. Know what you're selling. Most practice sales are structured as asset sales, but not always. If it is not an asset sale, then it is a stock sale. Practices structured as sole proprietorships; partnerships limited liability companies (LLC)treated as sole proprietorships or partnerships and S corporations will be sold as an asset sale and not create the same tax issues as a C corporation. The C and S preceding the corporation name refer to provisions in the
tax code.


The sale of Corporations as an asset sale results in double taxation. Conversion to an S corporation to avoid the double taxation takes 10 years to effectuate. Make sure you know what entity type you are for tax purposes and discuss any issues you may have with your tax advisor. Don't wait until you are ready to sell before you address any looming entity/tax issues.

Call Gary to discuss any issues related to selling a veterinary practice at 203-468-8133.

Monica Dixon Perry to Speak at 2025 WVC Annual Conference

By Test User • November 13, 2024
Monica Dixon Perry to Speak at 2025 WVC Annual ConferenceLas Vegas

IRS accelerates work on Employee Retention Credit claims

October 11, 2024
IR-2024-263, Oct. 10, 2024 WASHINGTON —The Internal Revenue Service announced today continued progress on Employee Retention Credit claims, with processing underway on about 400,000 claims, representing about $10 billion of eligible claims.

Monica Dixon Perry to Speak at Veterinary Management Council of CT meeting

October 5, 2024
Monica Dixon Perry, CVPM, will speak at the winter meeting of the Veterinary Management Council of CT. February 12, 2025 8:30AM-12:00PM https://vmcc-ct.org/

Annual Company Picnic Held

September 5, 2024
On Thursday, August 29th, we held our annual state-of-the-firm and company picnic at Owenego Inn located in Branford, CT. The firm recognized the 40th employee anniversary of Partner Melody Mann Fox, CPA. Managing Partner Bill Kalinowski congratulated Melody on her tenure and accomplishments with the firm. Said Ralph L. Ricciardelli, CPA, Emeritus, a founding partner of Burzenski & Company, PC, “Mel, 40 years where does the time go? It’s not easy to build a firm and you’ve done it with a lot of grit, expertise, and professionalism. You have been integral in building the firm. You’ve been integral in helping with the staff, whether it was the administrative staff or the accounting staff. I don’t know what we would do without you. There aren’t enough words of appreciation that we can give to you.” It was a great day for employeea to play games such as bocce, corn hole, Jenga, and a trivia contest with staff split up into teams.

Melody Mann Fox Celebrates 40 years with the Firm

September 1, 2024
At the firm's annual state-of-the-firm and company picnic on August 29th, we recognized the 40th employee anniversary of Partner Melody Mann Fox, CPA. Managing Partner Bill Kalinowski congratulated Melody on her tenure and accomplishments with the firm. Said Ralph L. Ricciardelli, CPA, Emeritus, a founding partner of Burzenski & Company, PC, “Mel, 40 years where does the time go? It’s not easy to build a firm and you’ve done it with a lot of grit, expertise, and professionalism. You have been integral in building the firm. You’ve been integral in helping with the staff, whether it was the administrative staff or the accounting staff. I don’t know what we would do without you. There aren’t enough words of appreciation that we can give to you.”Mel, 40 years where does the time go? I remember when you first came to us in 1984 as a staff person. Our first tax season together was 1985. There was a lot of fun things that happened during those early years that laid the ground work for the future.

Monica Dixon Perry, CVPM, to present on September 6th at the VHMA Annual Meeting

September 1, 2024
Monica Dixon Perry, CVPM, our Director of Veterinary Consulting Services, will be presenting on Friday, September 6th at the Veterinary Hospital Managers Association (VHMA) Annual Meeting and Conference. Her topic: Title of Session: Building a Compassionate and Authentic Culture: How to Attract and Keep Your Team

Finding Relief in Relief Medicine

August 18, 2024
As relief medicine continues to rise in popularity, what is the big fuss about it? Within the past few years, there has been tremendous growth within the veterinary industry of professionals making the shift from a traditional career in veterinary medicine to relief work. With the flexibility of making your own schedule, traveling anywhere to work and seeing new places, and becoming your own boss, it can be an easy choice to make the switch to relief medicine.

Fetch Kansas City will host Monica Dixon Perry, CVPM, as their Keynote Speaker

August 1, 2024
Fetch Kansas City will host Monica Dixon Perry, CVPM, as their Keynote Speaker in Kansas City, MO

Monica Dixon Perry to speak at VetPartners Mid-Year Meeting

July 29, 2024
Monica Dixon Perry to speak at VetPartners Mid-Year Meeting in Kansas City, MO

Sarah Williams Joins the Firm!

July 22, 2024
Sarah Williams, formerly of Abilene, TX, has joined the staff at Burzenski & Company, as a Staff Accountant. She earned a Bachelor of Business Administration degree as well as a Master of Accountancy degree from Abilene Christian University in Abilene, TX. Prior to joining our firm, she was as a Tax Associate. She has two cats named Fig and Peach.
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