9 Amazing Tax Deductions You Can Take As A Locum Tenens Professional
Listen now
Description
It's not about how much money you make, but how much money you KEEP after taxes. Most locum tenens physicians start out their work an receive income as a 1099, basically 'side hustle' money. But the best way to do it is to set up the right entity for you to be able to maximize your deductions (make sure to get with a tax professional who does strategic tax planning, not just an accountant or bookkeeper). Once you have the right entity set up that is in context with your work and family situation; you can create a strategy that aligns with your professional and financial goals. You can download my new Ultimate Locum Tenens Playbook right here: https://simonparsons.ck.page/locums If you are a general, trauma or vascular surgeon you can book a 30 minute no-pressure strategy session with me: https://calendly.com/simonwparsons/physician-strategy-session?month=2023-12 Feedback - want to suggest a topic or ask a question, or have me put you in touch with a reputable recruiter? You can email me at [email protected] The book I mentioned in the episode is the Tax Free Wealth by Tom Wheelwright.
More Episodes
Want to know if you should set up an LLC or S-corp for your locum tenens business? Today on the show I have a very special guest, tax expert and locums CPA Stephen Lee where we cover several important topics that new and experienced physicians can benefit from. We'll cover: 2 easy steps to...
Published 09/20/24
Today I have a special guest named Mark Robbins who is the Senior Director of People and Culture at Comphealth. Today we talk about the power of what we call 'incumbency' as well as setting yourself up for success by becoming a master of networking and social skills. We'll also go into some...
Published 07/23/24