This guide explains how 1099 doctors and locum tenens professionals can benefit from S-Corp election to reduce self-employment taxes while maintaining pass-through taxation. It covers eligibility requirements, the election process...Read More
For 1099 doctors and locum tenens professionals, choosing the right business structure isn’t just a formality—it directly impacts your taxes, liability, and long-term financial health. Understanding the differences between a...Read More
This guide helps 1099 doctors and locum tenens professionals lower their tax burden by using key deductions like home office expenses, insurance, CME fees, retirement contributions, and business costs. It...Read More
Real estate tax laws are complex, and working with an expert can prevent costly mistakes while maximizing available deductions. From structuring rental activities to navigating passive loss rules, tax professionals...Read More
Rental property owners can reduce tax burdens by properly categorizing income and expenses, distinguishing between repairs and improvements, and keeping detailed records. Missteps in these areas can result in missed...Read More
Understanding tax rules for real estate professionals can lead to significant savings, especially when managing rental properties. Key factors like material participation, passive activity loss rules, and rental property elections...Read More
Working locum tenens offers flexibility and higher pay, but it also comes with new responsibilities like managing your own taxes and expenses. This blog breaks down what you need to...Read More
The rise of 1099 classifications for healthcare professionals, such as anesthesiologists, marks a significant shift in the industry. Many of these professionals, previously accustomed to W-2 employment, face new financial...Read More
This blog post is for real estate investors preparing for the 2024 tax season. It offers a comprehensive guide to key tax deductions that can reduce tax liability and increase...Read More