Should Doctors Use Personal Service Corporations?
Personal Service Corporations have been used by physicians for decades, but there is little advantage these days. It might be time to get rid of yours.
Personal Service Corporations have been used by physicians for decades, but there is little advantage these days. It might be time to get rid of yours.
Q. I am a Texas physician grossing around $500,000 per year (39.6% bracket). I anticipate cutting back to 1/2-2/3rds of that income in about 8 years when I hit 50. I plan to save around $150K per ye...
Incorporate and Grow Rich! by Al Allen, Cheri Hill, and Diane Kennedy explains the benefits and downsides of incorporation. It is a useful book to anyone considering incorporating. It was published...
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...