Articles

Locum Tenens: How to Cut Your Tax Bill for 2018

Many locum tenens physicians earning high income from self-employment are eligible to make very large annual, tax-deductible contributions to an IRS-approved qualified retirement plan called a defined benefit plan.  It may sound boring—but it’s not!A Powerful Tax Cutting PlanIn many cases, locums can contribute $100,000 or more to a defined benefit plan annually—and thereby save […]

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Is This Tax-Cutting Tool Too Good To Be True?

Not if you are looking to cut your tax bill and save more for retirement.  Locum tenens and other independent physicians have a tremendous opportunity to significantly cut their tax bill: It’s called a Defined Benefit (DB) plan. When we first start going into the details of DB plans, however, we often run into skepticism. […]

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save on taxes, retirement plan tax savings

Locum Tenens: Here’s Your Best Tax Move

Many locum tenens physicians earning high income from self-employment have a tremendous tax-saving opportunity available to them – and most know nothing about it.Defined Benefit: A Powerful Saving PlanSelf-employed professionals are eligible to make very large annual, tax-deductible contributions to an IRS-approved qualified retirement plan called a defined benefit (DB) plan. In many cases, they […]

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Best Retirement and Tax Cutting Tools

Locum Tenens: What is Your Best Tax Cutting Tool?

Because a locum tenens physician typically has high income from self-employment and few available tax deductions, he or she often pays a lot in tax. However, locums are also in a great position to cut their tax bills significantly while rapidly building large retirement nest eggs.The best and easiest way for locums to reduce their […]

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