It’s tougher than ever to make a living in medical practice, but there are ways to boost your income without working 18-hour days. Finding the right ancillary medical services can help your practice boost its bottom line. But first, before you leap, do your homework.
Changing tax laws and other financial issues are a lot for a physician and his office to keep up with. So what can you do to ensure you follow all the necessary guidelines to protect yourself and your practice? You can ask for some help.
Michael Williams, managing partner of Weitz & Williams CPAs and member of the National CPA Healthcare Advisors Association, discusses some of the changes to this year's tax code that could affect physicians.