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.

Specific tax fraud traps physicians should avoid

Topics

, JD, has practiced law exclusively in the areas of asset protection, risk management and wealth preservation for the last 16 years. He helps protect a national client base with more than $5 billion in personal assets, including several thousand physicians. He is a contributing author to multiple books for physicians and a frequent medical conference speaker and CME presenter. 

Articles

Not all trusts are equal, find out what kind you need.

Trusts 101 for physicians 

 advises clients on compliance, transactions, government administrative actions, and litigation involving healthcare, cybersecurity, corporate and securities law, as well as False Claims Act and Dodd-Frank whistleblower cases. She also teaches bioethics at Baylor College of Medicine in Houston. Rachel can be reached through her website, 

The No Surprises Act and self-pay provisions 

Hoala Greevy has over 20 years of experience in the email industry, dating back to his first job out of college at Critical Path in San Francisco in 1999. Prior to founding Paubox, Hoala started Hawaii’s first SaaS company (Pau Spam) in 2002. Hoala holds two patents related to email security. An avid kayak fisherman, Hoala has caught three blue marlin from his ocean kayak Scupper Pro. He also holds the IGFA world record for the finescale triggerfish.

Cybersecurity best practices for email communications

There are plenty of benefits to remote or hybrid teams, but there are also communication and security issues that must be kept in mind.

Effective, HIPAA compliant communication for remote healthcare teams

Ericka L. Adler, JD, LLM has practiced in the area of regulatory and transactional healthcare law for more than 20 years. She represents physicians and other healthcare providers across the country in their day-to-day legal needs, including contract negotiations, sale transactions, and complex joint ventures. She also works with providers on a wide variety of compliance issues such as Stark Law, Anti-Kickback Statute, and HIPAA. Ericka has been writing for Physicians Practice since 2011.

Here’s how to make sure your practice is in compliance with Stark regulation clarifications taking effect January 1st, 2022.

Review your practice’s compensation methodology before the end of the year

a certified civil trial attorney and certified health compliance officer, is a partner at Mandelbaum Salsburg P.C. in Roseland, NJ, where he focuses on healthcare litigation and complex regulatory compliance issues, including defending medical professionals and healthcare entities in employment, administrative and regulatory compliance challenges, as well as disciplinary actions brought by state licensing boards, investigations by the OIG, FDA, DEA and other government agencies, employment law claims, medical malpractice actions, billing-related fraud claims and other actions brought against physicians by government entities, insurers and private parties. Contact him at 

Complaints against physicians can have major consequences.

Adverse actions against physicians can bring dire consequences

Appreciating how to avoid an enforcement action under the Right of Access Initiative, as well as mitigating cyberattacks with HHS’s cybersecurity resource website. 

Tips for staying off the HIPAA naughty list

Ethan Nkana is Principal of RMPA (Rocky Mountain Physician Agency), which specializes in negotiating physician contracts.

Keep on eye on these areas to avoid major financial and professional consequences.

Five contract areas doctors shouldn’t overlook

These actions can ensure your practice is protected going into the new year.

2022 Medical practice asset protection

Podcasts

Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more. 

Law & Malpractice

Specific tax fraud traps physicians should avoid