Don’t Buy Stuff You Can’t Afford

Visual of overspending: money going into a ‘Luxury’ bucket while ‘Retirement’ savings are neglected, showing how overspending hurts taxes and retirement.

A Tax-Smart Path to Financial Control and Retirement Freedom Living beyond your means doesn’t just lead to stress and debt. It’s one of the clearest examples of how overspending hurts your taxes and retirement. When your money goes toward short-term indulgences instead of strategic planning, you lose out on valuable tax benefits and delay your…

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Tax Planning 101: Business Deductions for Doctors

Tax Planning for Doctors Deductions are an important part of tax planning and running a business for doctors. Tax deductions reduce the amount of income that is subject to taxation, thereby reducing the overall amount of taxes owed. Doctors can take advantage of a variety of tax deductions to lower their taxable income, which can…

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Financial Health for Physicians: The Benefits of Accounting for Physicians

Even though physicians typically fall into a higher income bracket than many other occupations, not all physicians experience financial security. This is especially true for physicians working as independent contractors or with their own medical practice. Paying off student loans, costly professional expenses, and managing large amounts of money can make good financial health for…

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