Doctors: Pay Off Student Loans Quickly

Doctors: Pay Off Student Loans Quickly on providentcpas.com

6 strategies for taking years off medical school debt and saving thousands in the process Graduating from medical school is a major accomplishment. But for too many doctors, the celebration is dampened by the massive student loan debt that can go hand-in-hand with a medical degree. In the class of 2018, 75 percent of medical…

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Many Doctors Moonlight. How Does it Impact Their Taxes?

Many Doctors Moonlight. How Does it Impact Their Taxes? on providentcpas.com

It’s important to understand what supplementing your income means for your taxes.
Modern medical debt is mounting. The figures run high to enter the medical field: $240,000 to $340,000 for a public or private degree with a median graduating debt of $190,000. It’s no wonder moonlighting is used by many physicians to get ahead. It can provide a valuable income stream at a crucial point in a graduate’s life, though not all who moonlight are fresh out of class.

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Real Problem Solving: How to Truly Tackle Your Company’s Dilemmas

Real Problem Solving: How to Truly Tackle Your Company’s Dilemmas on providentcpas.com

How’s your track record at addressing and resolving issues?

It’s the elephant in the room. You see the problem, but everybody wants to avoid a discussion. Why is that – especially when it’s an obstacle that can kill organizational performance and profit? We live in an age where a company can lose a significant amount of its value because of a news report. Other, subtler issues linger long-term, limiting growth and success. When there’s a problem, it often has to be dealt with. Right now.

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Why High-Income Doctors Continue to Drown in Debt

Why High-Income Doctors Continue to Drown in Debt on providentcpas.com

On average, physicians make the highest salaries across the nation. But many doctors still continue to drown in debt due to student loans and poor spending habits

Attending medical school and becoming a physician has long been a noble and sought after career choice. Also, one of the highest paying. In U.S. News and World Report’s 2019 Best Paying Jobs List, (which also takes into account employment, growth rates, and job prospects) the 11 best-paying jobs are in the medical field. The highest is an anesthesiologist, paying a median annual salary of $208,000.

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