Advanced Tax Planning for Medical Professionals — A Review
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 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.
A review of my experience preparing my tax returns with Turbotax over the past decade.
Did my own taxes again, including a corporate return. Lots of lessons learned as usual.
What are the most unbiased, accurate, high-yielding, current, and entertaining financial books for doctors and other high income professionals? Here you go!
[Editor's Note: This is a guest post from Aziz Lalljee, co-founder and co-CEO of Finom, an online platform connecting investors with independent investment advisers. Although this is not a paid post,...
There was a thread with a poll on Sermo (a doctor-only forum) recently asking what percentage of your income you paid in taxes in 2011. The lowest option was <20%. I thought that was ridiculous (...
Asset protection is the process by which you protect the financial assets you have worked so hard for from being taken away from you by creditors of various types. This may be someone suing you, someo...
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.
Benjamin Brown, MD, author of a book about the US medical system called Informed Consent, has a website entitled The Deceptive Income of Physicians in which he argues that physicians really aren't pai...
Although it lacks the tax and asset protection benefits of a retirement account, a taxable account isn't all bad. Here's how to invest tax-efficiently.