PODCAST
BLOGS
The Accountable Plan Setup for Physician Practices: A Step-by-Step Guide
In a Nutshell An accountable plan is a written, board-approved policy that lets your practice reimburse you for legitimate business expenses you paid personally, tax-free. It works best for physicians running an S-corp or PLLC taxed as an S-corp, where you wear two hats: owner and W-2 employee. Done right, it can quietly move thousands…
Solo 401(k) vs SEP-IRA vs Defined Benefit Plans: Which Retirement Setup Wins for Physician S Corps
In a Nutshell If you’re a physician running an S corp with both W-2 hospital income and 1099 side work, your retirement plan choice can shift your tax bill by tens of thousands of dollars a year. A Solo 401(k) usually beats a SEP-IRA for physician S corps because it lets you contribute more on…
How to Pay the IRS Online Without Making Costly Mistakes
In a Nutshell Paying the IRS online is faster, safer, and (mostly) free, but high-earning physicians make expensive errors all the time. The big ones? Missing quarterly deadlines, picking the wrong payment method, and forgetting that estimated taxes are a year-round game. Here’s what you need to know: The IRS now requires electronic payments for…
WEBINARS
Why Tax Planning Matters More When You Have 1099 Income
In a Nutshell If you’re a physician with any 1099 income, the tax code gives you options that pure W-2 earners just don’t have. The three big moves are simple in concept: claim the deductions you already qualify for, set up the right business entity, then layer in advanced strategies once those basics are locked…
Asset Protection Planning for Business Owners and Professionals
“You don’t buy insurance after the loss.”That idea came through clearly in the webinar transcript, and honestly, it’s the easiest way to explain this topic. Asset protection works the same way. You put it in place before the claim, before the lawsuit, before the creditor, before the messy surprise. If you are a high-income…
Mastering Financial Planning for Physicians Strategies for Protection, Liquidity and Diversification
Mastering Financial Planning for Physicians Strategies for Protection, Liquidity and Diversification Protection Comes First, Even If It Feels Less Urgent “Build your wealth once. Don’t build it twice.” That line from the webinar sticks with me because it gets to the point fast. For physicians, financial planning is not just about earning more or…