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 (Form 2553), payroll obligations, and tax filing responsibilities. The IRS requires S-Corp owners to take a reasonable salary, and compliance with payroll and reporting rules...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 sole proprietorship, LLC, and S-Corp can help independent medical professionals reduce their tax burden while staying compliant. This guide will break down the key business...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 know about 1099 status, tax deductions, and budgeting so you can keep more of what you earn while staying prepared for tax season.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 responsibilities and challenges under this classification. However, these changes can also present valuable opportunities to improve their financial outcomes. This blog will explore how forming...Read More

This blog guides healthcare professionals like CRNAs, anesthesiologists, nurse practitioners, telehealth doctors, and physician assistants who may unexpectedly find themselves transitioning from traditional employment to 1099 independent contractor status. It covers the differences between employees and independent contractors, the reasons for the growing trend in healthcare, the financial and administrative responsibilities of 1099 status, and...Read More