Doctors: Is Your Physician Group Causing You to Pay Higher Taxes?

Doctors: Is Your Physician Group Causing You to Pay Higher Taxes? on providentcpas.com

Classifying doctors as employees can significantly increase their tax burden An increasing number of doctors are banding together to form medical “super groups” and the benefits can be significant: economies of scale, greater leverage in negotiations with insurance companies and large hospitals, administrative support that leaves doctors free to focus on patient care, and a…

Read More

Can Physicians Lose Their House in a Malpractice Lawsuit?

Can Physicians Lose Their House in a Malpractice Lawsuit? on providentcpas.com

Find out what’s really at stake

There is a perception that malpractice lawsuits may cost doctors everything – their assets, savings, or even their house. But while malpractice cases can be lengthy and expensive, it’s actually very rare that a doctor would lose it all in these cases if he or she has the proper insurance coverage.

Read More