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Unleashing Professional Autonomy: Navigating the Occupied Landscape of Healthcare business competency coaching micro-corporations professional autonomy Feb 17, 2024

In the annals of history, the saga of occupation and assimilation has played out time and again. When invaders seize control, inhabitants face a pivotal choice: resist or adapt. Throughout epochs,...

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The Urgency of Now: A Guide for Physicians on Launching Their Micro-Corporation business competency micro-corporations professional autonomy professional services tax issues Feb 16, 2024

In the fast-evolving landscape of healthcare, many of you are increasingly seeking new avenues to take control of your professional destinies. This becomes especially clear during this time of the...

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Optimal Environments: Why These States Are the Best for Physicians to Work in 2024 business competency coast fire residents & fellows wealth Feb 14, 2024

Your State Matters

In the ever-evolving landscape of healthcare, your financial well-being is a critical factor that shapes career decisions. As the president of SimpliMD, it is essential to bring...

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Strategies Doctors Can Employ to Slash Their Tax Bills business competency micro-corporations tax issues Feb 12, 2024

We All Feel The Burden

Three-fourths of you feel as though you are currently being overtaxed, according to Medscape's 2023 "Physicians and Taxes"report, which surveyed over 1,200 physicians across...

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Thriving Through Business Knowledge: Empowering Yourself As A Micro-Corporation business competency micro-corporations professional services wealth Feb 09, 2024

The mission for our SimpliMD community is:

To inform, inspire, and support physicians to flourish through micro-business competency, which in turn will empower them to thrive in their roles as...

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Physician Compensation: Understanding Fair Market Value (FMV) and the Survey Data to Help Calculate It business competency micro-corporations professional services residents & fellows Feb 07, 2024

"It Takes A Village" introduces you to trusted small business professionals, experts, and influencers who are speaking to issues important to micro-business doctors.

I welcome our SimpliMD members...

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Unlock Tax Savings: The Augusta Rule - Your Guide to 14-Day Tax-Free Home Rentals business competency micro-corporations tax issues Feb 05, 2024

You need trusted business & accounting advise, that is why I thought you would enjoy this post from Mike Jesowchek, CPA at TaxElm.

TaxElm is an amazing program created for...

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Location Independence for Working Doctors business competency micro-corporations professional autonomy residents & fellows service Feb 02, 2024

This post first appeared on KevinMD on May 19, 2023

One Doctor, One Job, One Location

There was a time when one doctor worked one job in one geographic location where he/she was altruistically...

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Case Studies On How Incorporation Can Cut Your Taxes In Half business competency coast fire micro-corporations tax issues Feb 01, 2024

This post originally ran on Dr. Inc. June 4, 2023

The Pain of Taxes For High-Income Earners

Your average tax bill for your household is nearly $100,000 annually which places you in the top 10% of...

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Demystifying Tax Planning: 9 Reasons You Should Prioritize It business competency business enterprise micro-corporations tax issues Jan 29, 2024

High Fives

At the end of the past year, I had one of my quarterly tax planning meetings with my accounting, legal, and business coaching team. It's always an exciting time because we review my...

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Empowering Physician Entrepreneurs: Micro-Corporations as Catalysts for Doctors' Side Jobs business competency micro-corporations Jan 27, 2024

Side Jobs Are Common

In the evolving landscape of healthcare, a remarkable trend has emerged—39% of doctors are embracing side jobs to complement their primary medical practices. Nearly 40%...

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