There are more than 200,000 physician practices in the United States. Practicing medicine can be hard, but doing your taxes can be even harder. At Tax Reduction Concierge, we can be your experts on captive insurance and a wide range of other tax related issues. As part of our dedication to you, we want you to understand what the future may bring when it comes to tax laws. Keep reading for our guide on the matter. Stark Law Changes As part of a broader effort to roll back regulations, President Trump’s administration is considering changes to the “Stark Law”. The… Read More
Congress has recently passed a new tax law. The new tax regime has massive implications for people at all levels, but it is especially important for people who are financially successful. As part of our dedication to you, we want you to understand what the new regulations mean for you and your business. New Tax Brackets Income tax brackets have changed for both individuals and corporations. Taxes are lower across the board. No one likes paying taxes, and now the burden is lighter. The corporate tax rate has been cut from 35% to 21%. While there has been some debate… Read More
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Sometimes it really is about knowing the right people – in tax planning or in any other skilled profession. Because we are extremely narrow in our focus, we are also deep in our knowledge and understanding of tax planning for business owners. CPAs typically do tax reporting, not forward tax planning and analysis. Contact us today for more information.