Six Common Tax Mistakes Physicians Make

Today’s guest post comes to us from Arsalan Ashraf, CPA. Arsalan is the owner of Ashraf Advisory, providing tax preparation, tax planning, payroll and bookkeeping services to physicians all over the United States. You will find Ashraf Advisory on my recommended list of Tax Services. If you are looking for top notch tax advice, contact … Read more

Why EVERY Physician Should Own Their Practice

Unfortunately, in recent years physicians have been migrating towards being employees rather than owning their practices. A few decades ago this would have sounded silly. Today’s residents are being advised by their teaching staff that being an employed physician is preferred.  What is driving this movement? Are physicians getting lazy? To many teaching staff who … Read more

The Major 401(k) Error People Make

With the latest market dip many questions have been raised regarding 401(k) accounts. These questions make it as clear as a neon sign that people do not understand how their 401(k) works. Here are two recent examples that indicate this lack of understanding:  -I’m considering moving my money from my 401k to an annuity due … Read more

Fawcett’s Favorites 5-23-22

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include eleven tips for getting through the stock market downturn, eight things to negotiate besides salary, living on a cruise ship is cheaper than … Read more

3 Investing Strategies to Boost Your Tax Efficiency

(Today’s guest post comes to you from Fiona Smith, the founder of The Millennial Money Woman. She would like to share the following disclaimer: This article reflects my own views, ideas, and opinions. I am not an investment advisor and I always recommend you communicate with your accountant and financial advisor before investing.)  If you’re … Read more