Posts Tagged ‘Physician Tax Strategy’
Celebrating Memorial Day with a Roth Conversion? Here’s When It Makes Sense
Memorial Day marks more than just the start of summer. It’s also a smart checkpoint in the year to revisit your finances — especially your retirement strategy. One question you might be asking:Should I do a Roth conversion now? The answer depends on timing, income, tax projections, and your long-term goals. What Is a Roth…
Read MoreShould You Restructure Your Medical Practice? A Guide to Tax-Smart Business Decisions
The evolving tax landscape in 2025 presents both challenges and opportunities for your medical practice. Choosing the best tax structure for doctors under new tax laws is more important than ever. Understanding these changes is crucial to making informed decisions about restructuring. Key Tax Changes Affecting Medical Practices in 2025 Expiration of Tax Cuts and…
Read MoreWhat Doctors Can Lose with a Malpractice Lawsuit: A Financial Perspective
Medical malpractice lawsuits can have profound financial implications for physicians, affecting both their personal finances and professional practice. Below is an overview of the potential financial losses doctors may face when confronted with a malpractice suit, accompanied by relevant statistics, and how a tax expert can help mitigate these financial burdens. 1. Legal Defense Costs…
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