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

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 also highlights common mistakes such as poor expense tracking, missing quarterly tax payments, and not taking advantage of S-Corp benefits. Staying organized and working with...Read More