6 Simple Ways Independent Contractor Physicians Can Secure Retirement Funds Early As an Independent Contractor Physician, when you are at work, you are in complete control. In order to obtain that same complete control for the rest of your life, you need to first take a hard and detailed look at your finances. This means understanding how you’re making your income, how it’s being paid to you and what you’re really spending it on. There are several ways to increase the… Continue reading 6 Ways Independent Contractors, Physicians And Employees Can Lower Taxes, Protect Assets Fund Retirement
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21 Jan Reduce Self-Employment Taxes—Increase Retirement Savings
As an independent contractor physician, the most painful consequence of failing to properly establish yourself as a corporation is the annual overpayment of income and self-employment taxes. Making the decision to incorporate not only reduces your annual tax burden but significantly increases the amount of retirement savings you can set aside each and every year. As a physician, you have… Continue reading 21 Jan Reduce Self-Employment Taxes—Increase Retirement Savings
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