Physicians: How to Create a Tax-Free Retirement, Part I
Tax law is complicated and always seems to be changing. When you’re a doctor planning for a tax-free retirement, consider the history of tax rates and weigh your savings options.
Read MoreHow Multi-Physician Practices Can Minimize Their Taxes
Are you part of a multi-physician practice? Key tax planning considerations include business structure, retirement planning & succession planning. Here’s how to focus on these areas.
Read More2021 Tax Update – Tax Planning under the New Blue Wave
How to Maximize the Qualified Business Income Deduction as a Physician
The qualified business income (QBI) deduction represents potentially significant tax savings for your business. Learn whether you qualify and how to maximize this deduction.
Read MoreEstate Planning & Asset Protection Planning for Physicians
How to Reduce Audit Risk
How to Create a Tax-Free Retirement – Part II
How to Create a Tax-Free Retirement – Part I
How to Create a Tax-Free Retirement Creating a tax-free retirement requires careful planning, strategic use of financial accounts, and a clear understanding of tax laws. The aim is to ensure that your retirement income, including both contributions and earnings, is received without tax liabilities. Here are several essential strategies to help you build a…
Read MoreTax Strategies for Multi-Physician Practices
Maximize Your Qualified Business Income Deduction
Maximize Your Qualified Business Income Deduction: Tax Tips for 1099 Doctors For 1099 doctors, effectively managing taxes is essential to maintaining financial health. One powerful opportunity to consider is maximizing your Qualified Business Income (QBI) deduction, which is designed to help self-employed individuals reduce their taxable income. Understanding and leveraging this deduction could lead…
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