Strategic Tax Plan
Deduction Check
We review prior year returns and discuss your situation with you to be sure we're accounting for every deduction you're already eligible for. Some common ones people miss are home office, mileage, and depreciation.
Business Entity Selection
As a self-employed physician you have some choices to make regarding which entity type to use. I optimize this choice by considering employment taxes, the Qualified Business Income Deduction, the administrative costs of each, and your other sources of income.
Retirement Plan Optimization
I determine the break even points of making pre or post tax deductions while taking into account your marginal tax rate and the effect of the Qualified Business Income Deduction. If we decide to set up a new plan I help you through the process.
Tax Favored Investments
We review the tax benefits of investing in various tax favored investments like Opportunity Funds, oil & gas, and real estate. You pick the investment and I advise on the tax effect.
