Financial Planning for Physicians Working as 1099 Independent Contractors
Don't let becoming a 1099 physician intimidate you. Follow this list to make informed decisions about taxes, retirement, deductions, and more.
Don't let becoming a 1099 physician intimidate you. Follow this list to make informed decisions about taxes, retirement, deductions, and more.
Become a better person and get valuable tax breaks by donating to charity. Donate directly, with a donor-advised fund, a foundation, or a trust.
I don't usually learn much from most financial books but this one's an exception. Chances are you'll find tips to reduce your tax burden too.
I learn something new about taxes every time I do them. Here are lessons for living a more tax-efficient life that everyone can benefit from.
A tax audit isn't going to be fun. They may cost you a lot of time and even money. But the truth is they're pretty uncommon and really shouldn't be feared.
Depreciation has always been my favorite tax break and recent changes in law have made it even better. Here's how to maximize this powerful tax-saving tool.
If you own an S corp in addition to having a W2 job, you're probably getting hosed on social security taxes. Here are tax planning strategies to help.
Discussing the nitty-gritty details of tax-loss harvesting in your taxable account. Also talking asset allocation in a bear market, glide paths, bond tents and lots more.
Tax-loss harvesting is all the rage these days. However, there are a few reasons why you may not want to do it.
Avoid the hassle of depreciating business expenses by taking advantage of the $2,500 de minimis safe harbor election on your taxes this year.
A review of my experience preparing my tax returns with Turbotax over the past decade.
There's a new Form 1040 for filing 2019 taxes. The truth is that it really isn't the form that makes things confusing, it's the tax laws.
Today we discuss non-qualified and incentive stock options and how they are taxed. Also talking medical school choice, frontloading a 529, paying a tithe, and lots more.
If we tax what we want less of, then it would appear that we want people to stop working and retire as soon as possible. One little understood effect of our tax system is that it redistributes income from workers to retirees.
Think twice before passing up the tax break of a 401K. Here I quantify the benefits of tax-deferred, tax-free growth to see how much a 401k is really worth.