Finance

Results from our 2021 survey.

Part two of our look at abusive tax planning schemes that are heavily promoted doctors at year-end. We examine specific schemes to avoid, including those that the I.R.S. is making a special effort to crack down on.

Many high-earning physicians find that taking advantage of a donor-advised fund is often a simple and tax-savvy way to make charitable contributions.

Receiving cash for a referral is the most obvious gift that violates the Anti-Kickback Statute. Here are eight more.

Basic rules to be aware of and some specific tax plans that require extreme caution and due diligence.

Disability insurance protects your most valuable asset—your ability to practice and earn an income in your specialty field.

The best medical practice loan ultimately depends on your goals and your practice’s creditworthiness.

These plans can offer a variety of potential benefits that go beyond their traditional role.

When managing their practices, a lot of very good doctors make bad business decisions because they lack the same data-driven rigor they give to patients.

With the impending reporting period upon providers, this article highlights the current status of Reporting Period 1 and relays some recent enforcement actions.

Key principles for doctors to know.

How it can actually be a healthy component in an economy’s growth.

Biden’s American Jobs Plan could disproportionately affect high earners.

Having a good estate plan can be critical in ensuring that your family is well taken care of after you are gone.

Higher costs could be just the start of myriad problems to come for providers, insurers, and patients alike.

The great basic tenet of insurance is to plan for the small possibility of a large loss. Here are some of my other insurance tips for doctors.

Planning tips that could help alleviate a higher tax bill for high-earning physicians.

Look for alignments with your practice’s mission, values, and strategic priorities.

Physicians in these five states made the highest, on average, compared to their peers.

Which states do you think came out on top?

Pay off debt in a smart way to make sure that it doesn't cost you any more than it needs to.

Avoid these states for your best financial situation.

Which state do you think takes the least?

Non-emotional actions you can take.

For many high-earners, the pandemic brought forth an important reminder of the fundamentals when it comes to building wealth.

From the moment a doctor earns his or her MD, to the day they hang up their white coat for good, medical professionals face unique financial hurdles, dilemmas, and questions.

The basics you should know to keep your coins safe.

One good method of saving and earning is through investing. Here are four options you can consider.

Three surefire signs you need to hire one.

A physician asks whether he can legally refuse treatment to a patient with an unpaid balance. Here are five legal considerations.