How to Reduce Audit Risk
How to Create a Tax-Free Retirement – Part II
How to Create a Tax-Free Retirement – Part I
Tax Strategies for Multi-Physician Practices
Maximize Your Qualified Business Income Deduction
Year-End Tax Strategies for Physicians
Physician Tax Solutions’ October Tax-Saving Tips
If you have employees, you must withhold their 6.2 percent share of the Social Security tax from their wages up to an annual wage ceiling ($137,700 for 2020). You must pay the money to the IRS along with your matching 6.2 percent employer share of the tax.
Read MoreRetirement Plans for Self-Employed Physicians – Part I
When you’re on your own, it’s a challenge to know which retirement plan is right for you. Learn the essentials to maximize contributions and minimize taxes.
Read MoreRetirement Plans for Self-Employed Physicians – Part II
Making the Most of Business Meals and Travel Deductions
Tax law is always changing, so it’s important to stay up-to-date. Here’s how to make the most of your deductions related to business meals, entertainment, and travel.
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