Posts by Daniel Jeffry Rivera
Liability Protection Basics for Doctors: Insurance and Entities
Every physician knows that one lawsuit—or even a simple claim—can erase years of hard work. Yet many still rely solely on malpractice coverage, leaving their personal assets exposed. Smart liability protection goes beyond insurance. It involves how you structure your business, how your income flows, and how you separate personal and professional risk. If you’re…
Read MoreHigh-Tax States: Plan Moves Before You Relocate
Thinking about leaving your high-tax state? You’re not alone. Many physicians and high-income professionals are considering a move to Florida, Texas, Nevada, or Tennessee—states with no income tax and a friendlier environment for wealth preservation. But timing matters. How and when you relocate can make the difference between a smooth transition and a costly tax…
Read MoreYear-End Tax Moves for Doctors: Q4 Playbook 2025
As 2025 wraps up, many physicians are reviewing their earnings, deductions, and retirement goals. Q4 is the window where good planning can still make a major difference. It’s the season to reduce your taxable income, protect your assets, and prepare for 2026’s potential tax shifts. Why Q4 Tax Planning Matters for Doctors Your fourth quarter…
Read MoreMarriage, Kids, and Care Credits for Doctors
Life changes.So do your taxes. This guide keeps it simple and focused.Short lines. Clear steps. Practical moves you can use this year. What changes when you marry Your filing status shifts the brackets. You may hit phaseouts sooner or later, depending on income mix. With two earners, withholding needs a reset. Student loans and repayment…
Read MoreMake Your Retirement Plan Pay You Back
You work hard.Your retirement plan should pay you back now and later. This guide gives you clear steps you can run this month.Short lines. Direct actions. No fluff. What “pay you back” means Cash benefit today Lower taxes this year Flexible withdrawals later Protection for family and practice Ask yourself: Where’s the free money? Which…
Read MoreOctober 15 Tax Deadline for Doctors: What You Need to File, Fix, and Finish
You filed an extension.Now the clock runs out. Use this checklist to finish clean, lower stress, and still find savings where you can. What’s due on October 15 Individual return (Form 1040). Final day for extended returns. S-Corporation and Partnership owners. Your business returns were due Sept 15. Make sure you have all Schedule K-1s…
Read MoreCash Balance Plans for High-Earning Physicians: When It Works
You earn a strong income.You want a bigger deduction and a predictable way to save.A cash balance plan might fit. It might not. This guide keeps the steps simple. Clean math. Real trade-offs. Short lines you can scan. What a cash balance plan is A defined benefit plan with a pay credit and an interest…
Read MoreLiability Protection for Doctors: Shield Your Practice and Personal Wealth
You treat patients.You also carry risk. This guide keeps it simple.Short lines. Clear steps. Action you can run this week. What “liability protection” really means One bad event shouldn’t touch good assets. Your practice risk stays inside the practice. Your personal life stays separate. Taxes support the plan and free cash to protect more. Start…
Read MoreShould Doctors Use an S-Corp for Side Income? Here’s the Pay Strategy
You’re picking up extra income.Consulting. Locums. Courses. A small advisory gig. An S-corp might help. It might not.This guide gives you a clean way to decide—and a pay strategy you can actually run. The fast answer Use an S-corp when side-business profit is meaningful and repeatable, and you’re willing to run payroll and books.Skip it…
Read MoreDoctors’ Checklist for Taxes on a Practice Sale
You built a practice.Now you’re planning the exit. This checklist helps you keep more after taxes.Short steps. Clear actions. Straight talk. First, pick your lane Asset sale. Buyer purchases assets. You keep the entity. Often more tax-friendly for buyers. Stock or ownership sale. Buyer purchases the entity itself. Often simpler for sellers. Ask early: Which…
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