Physician tax strategies: Why your tax bill is so high and how to fix it

If you are frustrated by your high tax bill, you are not alone. I have spoken with many doctors who experience sticker shock when they see their total annual tax liability after completing residency. Stories in the media, such as The Atlantic’s recent study on billionaire taxes, about how rich people avoid taxes only fan the flames. It is no surprise, then, that one of the most common financial …

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Physician tax strategies: Why your tax bill is so high and how to fix it