Jean at Planning for Practice Success

April 27, 2006

How are chiropractic practices classified?

Filed under: Buying a Practice, Getting a Loan, Legal Structure, Questions and Answers, Tax issues — Practice Success @ 6:59 pm

All businesses in the US are classified by the North American Industry Classification System. (NAICS is part of the US Census Bureau.) Chiropractic practices are classified under this number: 621310. Why is this important? When you fill out business tax returns, your Medicare provider application, and your Employer ID Number application, you may be asked for this classification. You heard it here first!

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