Personal Finance - ModernMedicine

Personal Finance

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Financial lessons from the trenches
As a primary care physician, you're also a business person, with at least some responsibility for managing the practice's finances, and all the responsibility for managing your own.
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Tax-related moves to make in 2012
Regardless of who wins the current tax debate and who wins the upcoming elections, planning opportunities in 2012 will help you minimize both income taxes and estate taxes for the benefit of you and your heirs.
How to ace an audit
As a medical student, you didn't prepare for the boards the night before. Why do that when facing an IRS audit?
Lower the cost of saving for education
Other than your home, your largest lifetime expense may well be paying for your children's or grandchildren's educations. Here's how to start.
Selling your practice? Planning is crucial
When you've decided that the time is right to sell your practice, one of the important issues impacting what you get from the transaction is income taxes.
Planning your exit strategy
Many physicians spend the majority of their adult lives training for and practicing their specialty. That's a significant investment of time and financial resources, so it makes sense to approach your practice as a true "going concern."
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