Last time we discussed some additional taxes you may or may not be paying as a result of PPACA. This post addresses the considerable benefits of PPACA to you a health care consumer. Next time we'll...
[Editor's Note: This is a guest post by Chad Carman, MD, an emergency doc who, like many emergency docs, has a side gig. I've found readers are always interested in entrepreneurial ways to make money...
Editor's Note: I've heard doctors and dentists complain that they could get by with half their employees if Facebook didn't exist. Although it's harder to monitor smartphone usage, it is relatively...
In my last post, I talked about how excited I was about C Corporations after learning some more about them in a book. Then reality set in. The more I read, the more I realized the IRS had already th...
I was recently reading Incorporate and Grow Rich, a book which I'll review in a separate post. The more I read the more excited I got about C corporations and their benefits. Then I started realizin...
7 months ago, shortly after starting the blog, I did a post that listed 175 different financial errors doctors have made. The list came from a thread on Sermo, a physician-only forum. I suspect most...
First off, welcome to all the new readers who stopped by today. The website had more pageviews today than it did in the first 3 or 4 months of its existence. I hope you find something of value here...
Parija Kavilanz recently published an article on CNN called Doctors Going Broke. The article itself was pretty good, focusing more on issues running private practices than the physicians' personal fi...
Doctors are being squeezed and far too many are going broke. Here we discuss why.
I had a regular reader write in today: I'm writing to see if you might have any recommendations for resources relating to starting an independent physician practice? Lord knows there's all sorts of "M...
This is part 3 of 4 of Stupid Doctor Tricks. Check out part 1 here and part 2 here. These were compiled from a long thread on Sermo, a physician-only forum. It's a great place to chat and even make...
Incorporation isn't a magic elixir that will reduce a doctor's liability and lower their tax bill. In fact, most doctors won't benefit much at all from it.