Tax Planning for Physicians & Dentists

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TAX PLANNING STRATEGIES FOR PHYSICIANS & DENTISTS Diversify Your Investments To diversify your investments, you need to take a look at all of your financial accounts. Check your tax-deferred accounts, taxfavored accounts, and taxable accounts.

Reduce Your Taxable Income One way to reduce your taxable income is to make charitable donations of securities from investment accounts. Unlike donating cash, donating investments offers a double tax benefit.

Hire Professionals 3. New Zealand to Help VISIT THE NORTH & SOUTH ISLANDS

A CPA or accountant will track In themonitor warmer all months, find and of your expenses Lavender fields farms throughout theand year. This on willboth the North and South Islands. Pop makeflowers it easier to maximize some in your champagne! deductions, both business and personal.

Create a Longterm Plan Saving money on this year’s taxes is not the end goal. The bigger goal is to create a longterm plan. With a strategic, long-term plan, you will save money on taxes.


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