Maximizing Tax Deductions: How Doctors Can Write Off Business-Related Vacations in 2025

February 21, 2025

Maximizing Tax Deductions: How Doctors Can Write Off Business-Related Vacations in 2025 For busy medical professionals, finding time for both business development and relaxation can be challenging. However, with proper planning, doctors can combine business trips with leisure travel and legally deduct certain expenses on their 2025 U.S. tax return. While the IRS strictly prohibits…

Read More

Doctors: Is Your Physician Group Causing You to Pay Higher Taxes in 2025?

February 14, 2025

Doctors: Is Your Physician Group Causing You to Pay Higher Taxes in 2025? Classifying doctors as employees can significantly increase their tax burden An increasing number of doctors are banding together to form medical “super groups,” and the benefits can be significant: economies of scale, greater leverage in negotiations with insurance companies and large hospitals,…

Read More