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.


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. Due to our high standards and careful selection process, we cannot work with everyone. To honor our 100% return on investment guarantee and provide an amazing return on investment to our clients, we have set qualifying requirements of a minimum $400,000 in gross revenue and $50,000 as an independent contractor. If you think you might meet our qualifications contact us for a free tax analysis and find out about possible strategies you can use before even paying a dime.


NGG Tax Group

NGG Tax Group have clients across various US States and Foreign Countries. Our focus is on advisory and consulting services for the US and international taxes, 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 and foreign accounts to exploring income tax treaties to determine residency for tax purposes. 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.


Physician Tax Solutions

More and more physicians and high-income professionals are turning to Physician Tax Solutions. Founded in 2016 by David Auer, Physician Tax Solutions uses an innovative concierge model that provides full-service tax preparation and proactive strategies that keep more dollars in the pockets of our clients. Our founder, David Auer, recently wrote The Richest Doctor: A Modern Parable of Financial Independence that was Amazon’s #1 new release in Personal Taxation and Taxation categories. Work with the professionals that are literally writing the book on how tax service should be. Visit us at www.physiciantaxsolutions.com or get the first two chapters of The Richest Doctor free online at www.therichestdoctor.com.


Kislay Shah CPA

Kislay Shah CPA has been in practice for over 25 years including services to healthcare service providers and physicians. Our clients are located all over the country. Our services include tax planning, return preparation, record keeping and attest services. Kislay has experience that can help you analyze your office operations and expenses to maximize efficiency. He has expertise in financial due diligence services in merger and acquisitions of medical practices. He has authored many professional articles and is a frequent speaker at industry conferences. You can reach Kislay via email at [email protected] or call at 646-328-1326. Visit us at www.shahcpaus.com

 


NovaPoint CFO Services, LLC

NovaPoint CFO Services, LLC with Physicians, Medical Practices and High Net Worth clients throughout the United States. We help our Physician clients in four ways:  1) Incorporation and Business set up; 2) Accounting/Payroll Systems; 3) Business and Personal Tax returns; and 4) Strategic Tax Planning  through retirement planning, Wealth Management and other advanced strategies aimed at significantly reducing taxes. Our fees are a fixed rate for Incorporation, Business set up and Strategic Tax Plans. For Accounting and Payroll, we bill a flat monthly fee, and for Wealth Management, we charge based on the assets under management. Our clients include both Independent Contractors and W-2 Physicians along with select Medical Practices.  We currently have clients in more than 20 states.  Contact us today to schedule a free initial consultation.


 


Hall CPA

After working with over 800 clients, the real estate tax experts at Hall CPA, PLLC are no strangers to working with physicians, high-income professionals, and other medical professionals across the US. We specialize in tax planning for real estate investors and business owners. After saving our clients millions of dollars in taxes, we’re confident that proactive tax strategy and planning is the key to minimizing taxes and building long-term wealth. We also provide tax preparation, outsourced accounting, and CFO services.

Visit www.therealestatecpa.com to learn more and schedule a no obligation initial consultation today.


Fox & Co. CPAs

Fox & Co. CPAs is dedicated to serving doctors who expect a more proactive experience from their tax strategists. Led by President Laura Clifford, CPA and VP Johanna Fox Turner, CPA, CFP™, their team of tax advisors helps doctor families and practice owners across the USA make sense of their taxes and plan year-round for the future rather than focusing only on the past. The Fox team helps clients with practice startups and management, real estate investment advice, compliance and filing, and all related tax planning for both the current year and into the future to help you make optimal decisions for multiple years.

Services at Fox CPA are an all-inclusive flat fee monthly subscription service. Your FPA (Fixed Payment Agreement) includes tax strategy/Q&A’s as you reach out, two annual tax projections and planning sessions, and, of course, federal/state/local tax filing. FPAs also cover tax audits and amended filing for any returns prepared by the firm. Scroll down to review fees for typical client scenarios.

Schedule a no-obligation initial consult with Laura  or Johanna or call 270-247-6087 if you prefer to chat with one of the sassy Southern belles, Ludonna or Becca.


Ashraf Advisory

Ashraf Advisory is a CPA firm based out of Dallas, TX accepting clients across all states. We work with you to strategically plan for taxes and take tax deductions designed for physicians in an increasingly changing regulatory environment. Our clients are wide in size from one provider physician independent contractors to fully built multi-owner practices and everything in between. Tax preparation, tax planning, payroll and bookkeeping all done in one place with multiple planning sessions. Contact us to learn more.


DIY Resources

 

Making Your Money Matter

Spreadsheets are a great way to manage your entire financial life. This workbook (available for both Excel and Google Sheets) from Making Your Money Matter isn’t your ordinary budget spreadsheet. In fact, the main focus isn’t on budgeting at all. Created by a CPA, it guides you through creating your entire financial plan including:

  • Income tax planning
  • Creating a debt payoff plan
  • Tracking your investments including portfolio allocation and performance
  • Determining your retirement “enough” number, and more!

This is a great tool to use with the Fire Your Financial Advisor course!

Check out this in depth description of the workbooks included in this bundle.


Additional Resource:

Best Tax Software Reviewed

 

Tax Strategists- Would you like to be included on this list?

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