Archive for March 2019
Retirement Planning for Doctors: Why It’s Tougher Than You Think
8 steps you should be taking to retire on time with the lifestyle you desire It may be hard to believe that retirement planning can be tough for doctors – after all, the medical profession is one of the most lucrative careers one can choose. But there are more than a few sob stories of…
Read MoreA Doctor’s Guide to Estate Planning
Learn how to create and structure an estate plan specific to physicians A good and specific estate plan is especially crucial if you’re a doctor, for a few different reasons. As a physician, not only do you need to consider protecting your often-larger estate but you also need to ensure your medical practice is protected…
Read MoreThe TCJA is in Full Effect: How Physicians Can Keep More Money
The new tax law made it easier for many doctors to pay less, but not everyone will benefit. From charity to children, here are the decisions which could affect how much income doctors retain in 2019 Doctors are frequently exhausted by their duties and find focusing on their taxes difficult – and MD Magazine highlighted…
Read MoreShould You Restructure Your Medical Practice After the New Tax Law?
Converting from an S corp to a C corp isn’t a decision to make lightly Now that the dust has settled from the rollout of the Tax Cuts and Jobs Act (TCJA), medical practices structured as pass-through entities are facing a dilemma: Since the tax reform significantly reduces the tax rates imposed on C corporations’…
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