I am often asked for recommendations for tax preparation (actually doing the forms) and for tax strategizing (planning in advance to lower future tax bills.) It is extremely difficult to vet tax preparers appropriately, and even good ones can make mistakes. The tax situation for many doctors, particularly employees, can be very straightforward and a CPA isn’t even needed to do it well. Turbo tax would work just fine. There are also plenty of  CPAs who are mostly reactive, rather than proactive in lowering your tax bill. The firms listed on this page, however, specialize in planning and making changes in your business structure and financial life in order to lower future tax bills. Fees are generally per project/return or at an hourly rate.

Emparion

At Emparion, we work with physicians nationwide on tax efficient retirement structures. Our strategies include cash balance plans, defined benefit plans, 401ks and other retirement vehicles. Our goal is to educate our clients on retirement strategies that aren’t often understood or implemented by CPAs or financial advisors. Many of our plans allow our clients to contribute in excess of $100,000 annually and get a full tax deduction. We are third-party administrators and not financial advisors or custodians. This allows you to use our plans with your current financial advisor or even at custodians like Charles Schwab, Vanguard or Fidelity. We examine your situation and offer strategic advice to lower your tax bill and help you grow your retirement. Contact us today or call us at 1-844-340-1000 for a free, customized cash balance plan illustration or retirement consultation.

Circle CPA

Circle CPA believes that everyone deserves to have a CPA do their taxes and so we have developed a pay-what-you-want business model to make this possible. Whether you’re a W-2 wage earner that wants to save time, or an avid investor unsure about a few things, Circle CPA is here to help. When you work with us, a CPA will do your taxes and when complete, we’ll ask you how much you’d like to pay us. As long as the amount paid is reasonable, we’ll prepare your returns year after year. Contact us today.

Fox & Co. CPAs

Fox & Co. CPAs is a full-service CPA firm assisting physicians and dentists throughout the United States. 90% of our HNW and doctor clients are virtual.  Our fees are structured as annual Fixed-Price Agreements, under which we provide proactive, year-round tax and business services for a flat fee.  We believe a tax return should be simply the end product of a year of engaged strategizing rather than the focal point of the relationship. Laura Clifford, CPA and partner, is in charge of medical clients under the oversight of Johanna Fox Turner, CPA, CFP®.  Contact us today to schedule your free initial consultation.

Update: The CPA side is closed to new clients 11/1/19 through at least 1/1/20. Please feel free to schedule an appointment to discuss our services and determine whether to go on our waiting list, but we cannot guarantee preparation by 4/15/20.

Thrive Wise Tax Advisors

Thrive Wise Tax Advisors is a new type of strategic tax planning firm. Dedicated to providing affordable, expert tax planning strategies to those that strive for financial and lifestyle independence. Most CPAs and tax accountants are reactive. They focus on what has already happened. At Thrive Wise Tax we take a unique holistic and proactive approach to tax planning. We work with you to successfully design tax and financial strategies that have a profound effect on the amount of tax you pay as you move towards financial independence. What you expect from your tax accountant is all about to change.

Cerebral Tax Advisors

At Cerebral Tax Advisors, we are focused on minimizing your tax obligations and helping you build financial independence. As the spouse of a physician, our founder and lead tax strategist, Alexis Gallati, purposely keeps our client list small to provide an excellent client experience through proactive year-round monitoring while avoiding surprises. Physicians and healthcare professionals all over the country work with Alexis to lower their personal and business taxes by an average of 48% a year through court-tested and IRS approved tax strategies. The investment in our services is flat-rate pricing and quoted upfront. Contact us for a free tax analysis and for us to prove your return on investment in our services before we begin working together.

Picnic Tax

Picnic Tax launched in a effort to make doing taxes work for real people. We offer instant access to accountants online. All you have to do is upload your tax forms, and you’ll be matched with an accountant that will guide you through the process of doing your taxes. You’ll love the transparent up-front pricing.

Turbotax

You might wonder why Turbotax would be on this list? Yes, you basically use their software to do your taxes yourself, but you actually can reach a CPA on the phone for quick questions if you need them. Don’t expect much in the way of advice or strategy, but the price is right!

NGG Tax Group

NGG Tax Group has clients across various US States and Foreign Countries. Our focus is on tax planning, tax preparation, projections and cryptocurrency.  While we help US and foreign nationals alike, we take pride in assisting foreign nationals unravel the intricate US tax system.  From dealing with international tax matters that affect individuals such as owning foreign assets, owning foreign accounts, exploring income tax treaties to figuring out residency for tax purposes and living abroad. With over 15 years of experience, our firm operates on the cutting edge; we are virtual and can communicate and exchange information regardless of where you are located. We know you are busy so our service literally comes to you.  Contact us today.

Glenn Advisory

First featured by the WCI in the A Visit With A Tax Strategist post, David Glenn, CPA provides comprehensive tax planning and preparation services for physicians. By first completing a Strategic Tax Plan for each new client, David Glenn, CPA provides assurance that you’re paying the least amount possible. David is based in Hawaii and works with clients all over the country. Contact Glenn Advisory to learn more.

My Professional CFO, LLC

My Professional CFO, LLC works with independent contractor physicians and HNW clients throughout the United States. We help our physician clients in three ways:  1) Incorporation and business set up; 2) Accounting/payroll systems, business and personal tax returns; and 3) Tax strategies primarily via retirement planning and wealth management. Our fees are a fixed rate for Incorporation and business set up. For Accounting and Payroll, we bill a flat monthly fee, and for Wealth Management, we charge based on the assets under management. Many of our clients are either ER, Anesthesiology, Radiology or Locums, and we currently have clients in 20 states.  Contact us today to schedule a free initial consultation.