As another year comes to a close, there are a few tasks we should all consider completing before the end of December. Thanksgiving is my usual reminder to check up on everything before the year ends while I still have time to act. Some of the things on this list have penalties assessed if they … Read more
(Today’s guest post come to you from David Rosenstrock, who is a certified financial planner with an MBA and the Founder of Wharton Wealth Planning, LLC.) On average, it takes 10 to 14 years to become a fully licensed and trained physician. During this period, very little—if any time—is dedicated to topics related to personal … Read more
When I retired, one of the dreads I faced was the need to pay quarterly taxes. After I retired from my medical practice and was a locum tenens doctor working through my private corporation receiving a 1099 each year, I had to file quarterly payroll taxes, even though I had no employees. I do understand … Read more
(Today’s guest post come to you from David Rosenstrock, who is a certified financial planner with an MBA and the Founder of Wharton Wealth Planning, LLC.) As a physician, when you end the workday with your patients and your team and walk out the door you may not have a lot left to give to … Read more
An important aspect of productivity is the concept “Do It Now.” When one concludes that a particular thing should be done, the most cost-effective way to get it done is to do it now. But we often do not follow this ideal. Instead we procrastinate until not doing it becomes more painful than doing it. … Read more
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 an interview on my latest best-selling book, what gets taxed, date night ideas to keep the romance alive, keeping your retirement savings on … Read more
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
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 how to financially support your loved ones, the honeymoon phase of early retirement, real estate and business tax tips, retirement gets easier as … Read more
(Join me and 15+ other speakers tomorrow for the virtual FREE Physician Freedom Summit March 4-5. Time to regain control of your life and medical practice. Register now! ) I am amazed at how few physicians take an adequate amount of vacation. This is one of the contributing factors to burnout. The more stressful the … Read more
(Don’t miss my presentation and Q&A session on Real Estate Investing for Busy Professionals tomorrow with Multi-Family-U. Sign up to join us for free advice on regaining control of your practice.) 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 … Read more
