Among the biggest breaks for businesses: A tax credit for research and development, an exemption that allows financial companies to shield foreign profits from being taxed by the U.S., and several provisions that allow businesses to write off capital investments more quickly. There is also a generous tax credit for using wind farms and otherContinue reading “Tax Breaks until Dec 2014”
Tag Archives: doctors
C-corporations for doctors and high net income clients to help reduce income taxes
If you are a doctor or business owner, let us help you with a business structure and financial strategy to reduce your income taxes. C-corporations enjoy their own graduated rates. The first $50,000 of taxable income in the C-corporation is taxed at a 15 percent federal rate versus the top marginal rate of the shareholder (currentlyContinue reading “C-corporations for doctors and high net income clients to help reduce income taxes”
Reduce your income taxes as medical practitioner or business owner, deadline is this week for 2014
Procrastination was my son’s excuse for not pushing himself to finish college on time. And I said, the real reason is the lack of goals or ambition to reach your ultimate goal. If your main goal before the year ends in 2014 is to reduce your income taxes as hard working medical practitioner or businessContinue reading “Reduce your income taxes as medical practitioner or business owner, deadline is this week for 2014”
Protect your cash accumulation from unnecessary taxes, market risks and inefficient financial products
Now that you are in critical capital mass and earning more than you are spending, your goals are to protect your cash accumulation from unnecessary taxes, market risks and inefficient financial products. Contact Connie Dello Buono, financial planner for doctors and business owners working with CPA and financial advisors in ensuring that your cash accumulation isContinue reading “Protect your cash accumulation from unnecessary taxes, market risks and inefficient financial products”
Are you losing $1M or more of wealth accumulation intended for retirement?
Contact Connie Dello Buono, financial planner working with financial advisors and CPA helping doctors and business owners protect $1M in wealth accumulation (period of 10 or more years) at 408-854-1883 motherhealth@gmail.com in 50 US states. CA Life Lic 0G60621 , 1708 Hallmark Lane San Jose CA 95124
C corporation for the practice, structure for max savings and min taxes
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”
Understand tax implications medical practice buy-ins,buy outs by Steven R. Antico, JD
Structure agreements carefully to maximize benefits when an owner or partner leaves or is brought on board. Your practice can’t avoid the tax implications related to buy-ins and buy-outs of partners if it wants to survive and expand in a competitive environment. When offering a new equity position or buying out a retiring partner, considerationsContinue reading “Understand tax implications medical practice buy-ins,buy outs by Steven R. Antico, JD”
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”
Thank you to the integrated team approach at Stanford Hospital California
My co-worker’s dad who has cancer is being taken cared for by Stanford doctors. She loves the integrated team approach of the doctors. I thank many doctors who made it possible for families to go through the experience of caring for their sick love ones with extra help. We know that cancer patients need allContinue reading “Thank you to the integrated team approach at Stanford Hospital California”
Retirement planning for doctors and health care pros
tax free retirement for doctors and health care professionals_ Here is an example of saving during a low tax environment and taking retirement income when tax rates are higher. As you can see, although you may accumulate more money through a pre-tax plan, if your tax bracket is high enough in retirement, your net incomeContinue reading “Retirement planning for doctors and health care pros”
Physicians per 1000 people in the world, more pain med prescriptions after OBAMACARE
Finland, France, Germany, Austria and Switzerland have 3-4 doctors for every 1000 people while Philippines, Hongkong and other countries have 0. http://data.worldbank.org/indicator/SH.MED.PHYS.ZS This means that medical care is not present to some citizens of the world. I can speak for countries such as USA, Australia, Philippines and Taiwan since I have lived in these countries in the pastContinue reading “Physicians per 1000 people in the world, more pain med prescriptions after OBAMACARE”