C corporation can be the right choice for many small entities because of the deductions it allows. A C corporation enjoys a full deduction for the cost of employees (including owner employees) health insurance, group term life insurance up to $50k per employee and even long-term care premiums without regard to age-based limitations. A CContinue reading “C corporation for the practice, structure for max savings and min taxes”
Tag Archives: dentists
Medical doctors: 2014 tax law changes , impact and financial strategies
How will 2014 tax law changes impact your finances this year and beyond? Although the top marginal tax bracket was increased to 39.6%, most physicians will have their marginal rate (their last dollar of income) taxed at 28% or 33%, depending on your taxable income. Understanding tax brackets Contrary to popular belief, when you earnContinue reading “Medical doctors: 2014 tax law changes , impact and financial strategies”
Strategic financial structure for doctors saves $71k in income tax per year
“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arrangingContinue reading “Strategic financial structure for doctors saves $71k in income tax per year”
Disability income benefit for PA, health care providers and you
I am looking for dentists/doctors who want to buy or sell their medical practice
Let me help you minimize taxes and realize more money in your pocket. I work with corporate lawyers, CPA, insurance agents and other experts in helping doctors, dentists and other health care professionals reduce taxes in buying or selling their medical practice. I help them have a proper corporate structure to get a tax efficientContinue reading “I am looking for dentists/doctors who want to buy or sell their medical practice”
Gloves, hospital, homebirth, infection
I delivered my children at home with midwives because I want to be in home birth setting, be attended by midwives, not be in hospital setting where more microbes and bacteria exist that can cause infection and for many reasons. Many years ago, before the introduction of gloves, many laboring women died in the hospital.Continue reading “Gloves, hospital, homebirth, infection”