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. There are also plenty of CPAs who are mostly reactive, rather than proactive in lower 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.
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
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.
Cerebral Tax Advisors
Cerebral Tax Advisors (formally Gallati Professional Services) is a haven for medical professionals all over the country who are fed up of losing the majority of their paycheck to the IRS. As a spouse to a physician, founder Alexis Gallati understands how busy you’ve worked to get where you are now. She will create a strategic tax plan you can apply to minimize your tax obligations, build wealth, and reach financial independence. Whether you need tax planning, preparation, or representation in the face of an audit, Cerebral has you covered. The investment in our services is a fixed-price agreement. Take some weight off your shoulders and contact us for a free tax analysis.
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.