Tax planning strategies for physicians

Thomas R. Pope, Richard W. Schwartz

Research output: Contribution to journalArticlepeer-review

Abstract

The development of tax reduction strategies is a critical aspect of both corporate and personal financial planning because taxes represent the largest annual expenditure for the majority of Americans. The categories of tax reduction strategies discussed include charitable-giving techniques, ways to maximize business deductions, shifting income to family members, education tax incentives, retirement planning, and small business tax considerations. One use for these tax savings is the enhancement of a corporation's capabilities to provide services to patients.

Original languageEnglish
Pages (from-to)19-25
Number of pages7
JournalAmerican Journal of Surgery
Volume184
Issue number1
DOIs
StatePublished - 2002

Keywords

  • Financial planning
  • Financial reinvestment
  • Retirement planning
  • Tax reduction
  • Tax strategies

ASJC Scopus subject areas

  • Surgery

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