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SimpliMD: Bridging the Gap for Residents Unprepared for the Business of Medicine business competency coaching residents & fellows Dec 02, 2023

2023 Final Year Resident Survey

Young doctors have a HUGE knowledge gap when it comes to the business of medicine, and this is fundamentally why our SimpliMD community is desperately needed to fill...

The Self-Employment Advantage: Personalized Benefits business competency micro-corporations retirement tax issues wealth Dec 01, 2023

The Self-Employment Advantage: Personalized Benefits

Being a self-employed doctor offers numerous advantages, including the flexibility to design your career path and practice on your own terms....

Is That Deductible? "Dad, Fire, & Cultivating Gratitude" business competency coaching self-care tax issues Nov 27, 2023

A Busy Month

The past month has been incredibly busy and filled with emotions for me.

The month began with a tragic event: my dad's passing due to the effects of Agent Orange during his service in...

The Benefits of Micro-Incorporation For Retirement Plans for Self-Employed Doctors and Their Spouses coast fire fat fire micro-corporations retirement tax issues wealth Nov 25, 2023

In my last post we addressed the benefits of a solo 401(k) + Defined Benefit Plan through a professional micro-corporation. This was based on a recent conversation that I had with a physician who...

Securing Your Family's Future: Defined Benefit Plan For Self-Employed Doctors & Their Spouse coast fire micro-corporations retirement tax issues wealth Nov 24, 2023

I recently met with a physician who was job stacking. Both she and her husband are high-income physicians working W-2 jobs. They both maximize their retirement plans, but they recognize that their...

SimpliMD

Maximizing Wealth in Medicine: Dr. Tod Stillson's Real Estate Investment Blueprint

45:45

Maximizing Wealth in Medicine: Dr. Tod Stillson's Real Estate Investment Blueprint business enterprise micro-corporations wealth Nov 22, 2023

A Podcast for You

This post will be shorter than normal-because you can listen to it.

My good friends Kenji and Letizia with The Semi-Retired MD interviewed me for their podcast about how to...

Is That Deductible? "The Medical Office Building" business competency business enterprise micro-corporations tax issues Nov 20, 2023

A Few Years Ago

For nearly 15 years, the medical practice where I worked leased space from a private equity group that owned all the medical buildings on our hospital campus. Although I always...

Walking In Your Shoes E8 Where do we go, where do we look? community professional autonomy residents & fellows Nov 18, 2023

By Cheyenne Stillson

The Fog

Society has a way of making you feel like you have to have the pre-determined answers to your entire future life all written in the palm of your hand so that you can...

Comparison: Retirement Plans Self-Employed vs Traditional Employment business competency business enterprise coast fire fat fire micro-corporations retirement Nov 17, 2023

Introduction

Retirement planning is a critical aspect of every physician's financial journey. Whether you're a self-employed physician or traditionally employed, planning for retirement is...

Is That Deductible? "Navigating International CME" business competency micro-corporations tax issues Nov 13, 2023

In this edition of “is that deductible”, we’ll cover one of my favorite subjects-combining my pleasure of travel with my love for learning through international CME.

When...

SimpliMD: Bridging the Gap for Residents Unprepared for the Business of Medicine business competency micro-corporations residents & fellows Nov 11, 2023

2023 Final Year Resident Survey

You are not alone--residents all across the country are speaking out and identifying their lack of business education as a huge deficit in their training.

Young...