Tax planning tips for physicians

<p>Often, physicians only give minimal attention to their financial futures, but potential federal changes could make tax planning even more important. The proposed infrastructure bill would increase taxes, affecting those with an annual income higher than $400,000, which is not uncommon for physicians. These changes make it vital for physicians to sit down with their financial advisors and CPAs now to minimize their own tax burden.</p> <p><a href= "https://wallstreetalliancegroup.com/team-members/syed-nishat/" target="_blank" rel="noopener noreferrer">Syed Nishat</a> is a partner, <a href="https://wallstreetalliancegroup.com/" target="_blank" rel="noopener noreferrer">Wall Street Alliance Group</a>.</p> <p><em>This article is sponsored by <a href= "https://wallstreetalliancegroup.com/" target="_blank" rel= "noopener">Wall Street Alliance Group</a>, specializing in physician financial planning.</em></p> <p><strong>Did you enjoy today’s episode?</strong></p> <p><a href="https://www.kevinmdpodcast.com/rate/" target="_blank" rel="noopener">Rate and review</a> the show so more audiences can find <strong>The Podcast by KevinMD</strong>.</p> <p><a href="https://www.kevinmdpodcast.com/follow/" target="_blank" rel="noopener">Subscribe on your favorite podcast app</a> to get notified when a new episode comes out.</p> <p><strong>Reflect and <a href="https://earnc.me/R4Ye2l" target= "_blank" rel="noopener">earn 1.0 AMA PRA Category 1 CME</a> for this episode.</strong></p> <p>Also available in <a href= "https://www.kevinmdpodcast.com/p/cme/" target="_blank" rel= "noopener">Category 1 CME bundles</a>.</p> <p><em>Powered by CMEfy - a seamless way for busy clinician learners to discover Internet Point-of-Care Learning opportunities that reward AMA PRA Category 1 Credit(s)<span role="image" aria-label="™">™</span>. <a href="https://about.cmefy.com/cme-info" target="_blank" rel="nofollow noopener noreferrer" data-token-index="3" data-reactroot="">Learn more at about.cmefy.com/cme-info</a></em></p>