Social Security – have rumors of its death been greatly exaggerated? Does it belong in your financial plan – or should you exclude it and hope to be happily surprised? Find out what Michelle has to say about it in this month’s vlog… Continue reading
A Trick to Escape Tax Penalties
Here are a couple of common situations for new physician clients:
- You’ve graduated training mid-year and you’re working as an IC for half the year, or
- You’re a W2 employee and you’ve done a side IC gig (locums, extra shifts, etc.)
You suddenly realize you probably haven’t paid in enough taxes to avoid an estimated tax penalty. The noose is tightening with December 31 only a month away. Holy 1040, Batman – what do you do? Continue reading
Protect Your A$$ets [VIDEO]
Could you be wiped out if someone has an accident in your rental property? How about in your own home? Michelle talks about steps every property owner should take Continue reading
What You Need to Know About 1031 Exchanges
Section 26 of the US Tax Code, a.k.a. the IRS federal tax code, is about 75,000 pages long. Out of those 75,000 pages, one section is so popular that it is known by number alone Continue reading
Should You Invest in Real Estate?
If there is one thing I’ve learned as an advisor to physicians, it’s that most doctors either own investment real estate or plan to in the future. In our discussions, it’s not usually even a question of “Should I?” but “How soon can I? Continue reading
Your Child’s Most Important Asset
Unless your kid was born with a silver spoon in his mouth, he probably doesn’t own a lot of property. But he owns an intangible asset that is very valuable to criminals. What is it?
Identity Theft Tips for the Internet [VIDEO]
Equifax may have exposed you to identity theft but there are many other ways you could be at risk. Michelle has suggestions for you to keep your internet footprint invisible and ways to keep phishers out of your hard drive. Continue reading
The Equifax Security Breach
The recent news that Equifax’s database has been hacked has prompted phone calls and emails from concerned clients. We are writing to share some information with you about the break, Equifax’s current course of action, and, most important, what you can do to protect yourself.
How Do Physician Non-Compete Agreements Work?
A contractual non-compete clause (also known as a covenant not to compete or a restrictive covenant) will preclude or limit you from working in a 1) particular field, 2) within a specific geographic area, and/or 3) for a stated period of time should you separate from service with an employer or group. If you are looking at a non-compete agreement, what is negotiable and what isn’t? Continue reading
Our Questions Answered: A Chat About Physician Contracts with Jon Appino
Let’s face it – you will have to decipher at least one employee or partnership contract in your career, probably several. I turned to the expert with some common issues our physician clients face. Continue reading
