Rx Advisors

Rx Advisors Pharmacy Tax & Accounting Experts

💵 With everything independent pharmacies are facing today... who couldn't use a nice tax refund?Cash flow has never been...
07/12/2026

💵 With everything independent pharmacies are facing today... who couldn't use a nice tax refund?

Cash flow has never been more important.

For nearly 20 years, Rx Advisors has focused on one thing—helping independent pharmacies improve their financial performance through specialized tax planning, accounting, and advisory services.

Because we work exclusively within the pharmacy industry, we understand opportunities that many general accounting firms simply don't see.

We offer a FREE income tax & financial review, and the results speak for themselves. Here are just a handfull of success stories:

💰 Stonegate Pharmacy (TX)
$155,000+ in tax refunds
💰 Elon Drug (MO)
$79,000+ in tax refunds
💰 Rx3 Compounding Pharmacy (VA)
$77,000+ in tax refunds
💰 Custom Meds (FL)
$71,000+ in tax refunds
💰 Austin Compounding Pharmacy (TX)
$49,000+ in tax refunds
💰 Sooner Pharmacy (OK)
$45,000+ in tax refunds
💰 The Art of Medicine (PA)
$33,000+ in tax refunds
💰 Clarksville Family Pharmacy (AR)
$33,000+ in tax refunds
💰 Chelsea Family Pharmacy (OK)
$30,000+ in tax refunds
💰 Granbury Drug & Compounding (TX)
$11,000+ in tax refunds

That's more than $1.4 million in tax refunds returned to independent pharmacy owners.

After working alongside independent pharmacies for nearly two decades, we've learned that the right accounting partner doesn't just prepare tax returns—they understand reimbursement models, inventory, third-party receivables, compounding, 340B, workflow, cash flow, and the tax strategies unique to pharmacy ownership.

If it's been years since someone with pharmacy-specific expertise reviewed your tax returns...

It may be worth a second look.

📞 Visit www.rx-advisors.com to learn more, and schedule a complimentary review.

Past results do not guarantee future outcomes. Refund amounts and tax savings vary based on each pharmacy's unique facts, prior filings, eligibility, and applicable tax law.

📢 Currently Accepting New Clients for October OnboardingWe are incredibly grateful for the continued trust pharmacy owne...
07/06/2026

📢 Currently Accepting New Clients for October Onboarding

We are incredibly grateful for the continued trust pharmacy owners place in Rx Advisors.

Due to the number of new pharmacies joining our firm, our current onboarding schedule is now booking into October. If you’ve been considering making a change, now is the time to reach out so we can reserve your spot.

That said, choosing a new accountant shouldn’t be an impulse decision. The same due diligence you perform when selecting a wholesaler, PSAO, software provider, or other key vendor should also be applied to the accounting firm responsible for your financial statements, tax strategy, and business advice.

The right accounting partner can have a significant impact on:
✅ The accuracy of your financial statements
✅ Tax savings and proactive planning
✅ Cash flow management
✅ Financing and banking relationships
✅ Business valuations and succession planning
✅ IRS audit readiness

To help pharmacy owners make an informed decision, we’ve created a free Pharmacy Accountant Evaluation Questionnaire that highlights important questions every pharmacy owner should ask before making a change.

Simply DM me and I'll send you the questionnaire.

If, after completing your research, you believe Rx Advisors is the right fit for your pharmacy, we’d love to visit with you. Contact us today to reserve an October onboarding appointment before our remaining openings are filled.

💰 Here Are 10 Ways Independent Pharmacies Can Take Back Control of their Cash. If there's one thing that keeps independe...
06/28/2026

💰 Here Are 10 Ways Independent Pharmacies Can Take Back Control of their Cash.

If there's one thing that keeps independent pharmacy owners awake at night, it's cash flow.
Many pharmacies are profitable on paper but still struggle to make payroll, purchase inventory, or cover taxes because cash is tight.

The good news? Cash flow can be managed.

At Rx Advisors, we believe your monthly financial reporting should be a management tool—not just paperwork for tax season. That's why our clients receive pharmacy-specific financial statements, KPI dashboards, trend analysis, cash flow insights, and proactive tax planning designed to help them make better decisions every month.

Here are 10 practical ways to strengthen your pharmacy's cash flow:

1️⃣ Understand the difference between profit and cash flow. A profitable pharmacy can still run out of cash. Review both your financial statements (profit & loss, cash flow, and balance sheet) every month.
2️⃣ Stay on top of accounts receivable.
Monitor unpaid claims, understand your state's prompt-payment laws, and evaluate how your PSAO impacts reimbursement timing. Every delayed dollar affects your cash flow.
3️⃣ Optimize inventory.
Inventory is usually the largest use of cash in an independent pharmacy. Use technology to manage purchasing, eliminate dead inventory, and improve inventory turns. For slow-moving items, consider RPh-to-RPh marketplaces like PrimeRx Market or EzriRx.

To view the entire article, visit www.rx-advisors.com and create a free account with us.

What pharmacy specific reports are being requested by your accountant each month?If the answer is "I'm not sure," you ma...
06/20/2026

What pharmacy specific reports are being requested by your accountant each month?

If the answer is "I'm not sure," you may have a bigger problem than you realize.

One of the most alarming trends we've seen this year is the number of pharmacy owners who discovered their financial statements were inaccurate—often after years of relying on them to make business decisions.

Many of these pharmacies came to Rx Advisors because something didn't seem right. The unfortunate reality is that correcting years of accounting errors is far more expensive than preventing them in the first place.

How much does inaccurate accounting cost when you're trying to sell your pharmacy, obtain financing, survive an IRS audit, or make critical business decisions?

Consider what's at stake:

➡️ Selling Your Pharmacy – Buyers don't purchase tax returns. They buy based on financial performance. If your financial statements aren't accurate, your valuation may suffer, due diligence may drag on, and deals can fall apart.

➡️ Obtaining a Loan – Lenders want reliable financial information. Inaccurate statements can delay approvals, reduce borrowing capacity, or raise concerns about the health of your business.

➡️ IRS Audit Risk – Financial statements drive tax returns. If the accounting is wrong, the tax return may be wrong too, potentially resulting in additional tax, interest, penalties, and countless hours spent defending your position.

➡️ Running the Business – Every major decision you make depends on the numbers. Staffing. Inventory. Expansion. Acquisitions. Owner distributions. If the numbers are wrong, the decisions may be wrong too.

If your accountant is not routinely reviewing third-party reconciliation reports and tying them back to your financial statements, there is a real possibility that your numbers are incomplete or inaccurate.

Rx Advisors has been serving independent pharmacies for nearly twenty years and we can help ensure your numbers are accurate, identify pharmacy-specific tax strategies, improve decision-making, and protect the value of what is often your largest asset—your pharmacy.

For more infomation, visit www.rx-advisors.com or contact us at [email protected].

💊 Meet the Rx Advisors Pharmacy Tax & Accounting Dream Team! 💊Behind every successful pharmacy is a team of trusted advi...
06/10/2026

💊 Meet the Rx Advisors Pharmacy Tax & Accounting Dream Team! 💊

Behind every successful pharmacy is a team of trusted advisors dedicated to helping owners navigate tax, accounting, and operational challenges with confidence.

Meet a few of our all-stars:

⭐ Steve – Director of Pharmacy Accounting (25+ years’ exp.)
⭐ Jenifer – Tax Manager (25+ years’ exp.)
⭐ Chris – CEO | Founder (25+ years’ exp.)

Click here to meet the entire team: https://www.rx-advisors.com/

Together, we bring expertise, precision, and a commitment to helping independent pharmacy owners achieve their financial goals. Whether it’s tax planning, accounting support, bookkeeping, or client service, this team is here to help pharmacies thrive.

Click here to create a free account with us and receive a quote: https://portal.fleming-advisors.com/login?step=signUp

📈 The Most Popular Accounting Service Plan for Independent PharmaciesRunning an independent pharmacy means balancing pat...
06/07/2026

📈 The Most Popular Accounting Service Plan for Independent Pharmacies

Running an independent pharmacy means balancing patient care, operations, compliance, and profitability. That's why our Standard Service Plan is the most popular choice among pharmacy owners.

✅ Monthly Bookkeeping & Accounting
✅ Monthly Pharmacy-Specific Management Reports including KPIs & Performance Metrics
✅ Quarterly Estimated Tax Touch-Up
✅ Annual Tax Projection & Planning Session
✅ Annual Pharmacy Income Tax Return (Federal + 1 State)
✅ Tax Notice Support (initial response to tax any tax notices)

⚡ Plus, industry-leading responsiveness. We pride ourselves on delivering some of the fastest response times in the accounting profession because business decisions can't wait days or weeks for answers.

For one predictable monthly fee, you'll gain the financial visibility, tax guidance, and pharmacy-specific expertise needed to make smarter business decisions and keep more of what you earn.

💊 Designed exclusively for independent pharmacies.

💰 Starting at just $1,200/month.

Ready to spend less time worrying about your numbers and more time focusing on your pharmacy? Contact Rx Advisors today to learn more and receive a customized quote.

📈 The Future of Independent Pharmacy Will Belong to Owners Who Understand Their NumbersAs reimbursement pressures intens...
05/31/2026

📈 The Future of Independent Pharmacy Will Belong to Owners Who Understand Their Numbers

As reimbursement pressures intensify, PBM reform continues to evolve, and margins become increasingly compressed, accurate financial statements are becoming more important than ever for independent pharmacies.

But here's the challenge:

Pharmacy accounting is not the same as accounting for most small businesses.

Between inventory management, third-party receivables, DIR fees, reimbursement adjustments, buying groups, and pharmacy-specific KPIs, generic bookkeeping often fails to provide the insight pharmacy owners need to make critical business decisions.

That's why financial statements should be prepared and analyzed by professionals who specialize in pharmacy.

More importantly, pharmacy owners shouldn't have to sift through pages of standard QuickBooks reports to understand how their business is performing.

At Rx Advisors, our clients receive monthly Financial Management Reports that transform accounting data into actionable business intelligence. Our reporting includes:

✅ Executive summaries and key performance indicators
✅ Profitability and EBITDA analysis
✅ Revenue, margin, and labor trend tracking
✅ Liquidity and debt metrics
✅ Benchmarking against targets
✅ Easy-to-understand charts, graphs, and dashboards

Because the goal isn't simply producing financial statements.

The goal is helping pharmacy owners understand what the numbers mean—and what actions to take next.

In today's pharmacy environment, accurate financial reporting is no longer just an accounting function. It's a competitive advantage.

We’re excited to welcome Towncrest Pharmacy to the Rx Advisors family!With multiple locations across Iowa, Towncrest Pha...
04/26/2026

We’re excited to welcome Towncrest Pharmacy to the Rx Advisors family!

With multiple locations across Iowa, Towncrest Pharmacy is a locally owned, community-focused pharmacy dedicated to personalized patient care and better health outcomes. Their team is committed to going beyond prescriptions—offering services like compounding, immunizations, and medication therapy management, all tailored to each patient’s unique needs.

At Rx Advisors, we’re proud to partner with pharmacies that put patients first and lead with integrity, compassion, and service.

Welcome to the team, Towncrest Pharmacy!

They say insanity is doing the same thing over and over while expecting different results.If you’re staring down another...
04/12/2026

They say insanity is doing the same thing over and over while expecting different results.

If you’re staring down another tax bill this April 15th, it might be time for a different approach.

For nearly twenty years, RxAdvisors has been helping pharmacy owners take control with proactive tax strategies designed to reduce what you pay—legally and strategically.

Let’s make this the year you do something about it.

Visit www.rx-advisors.com or give us a call at (855) 877-9807.

Another great independent pharmacy joins Rx Advisors! 🚀Please join us in welcoming Sudbury Pharmacy in Sudbury, MA—a ful...
04/02/2026

Another great independent pharmacy joins Rx Advisors! 🚀

Please join us in welcoming Sudbury Pharmacy in Sudbury, MA—a full-service pharmacy offering everything from prescription care and compounding to immunizations and delivery services.

Independent pharmacies like Sudbury Pharmacy are the backbone of their communities, and we’re honored to partner with them as they continue to grow and serve their patients.

Excited for what’s ahead!

Address

8813 N 145th E Avenue
Owasso, OK
74055

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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