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Taxes
On December 20th, congress passed The Tax Cuts and Jobs Act. It is an extensive bill with many parts, the effects of which are still being measured. But for those of you preparing 2017 taxes and looking ahead to 2018, we want to offer some insight into what the bill means for high-income earners.
83% of physicians under age 40 claim that they have unique or more complicated financial needs than other professions. I believe this to be true as well, but you have to find the time to address the unique or more complicated financial needs – otherwise you’ll resort to a “get rich quick” scheme in later years because it will be too late to fix.
Dr. Blake McGowan is one of our firm’s biggest strengths.
Physicians who use a portion of their home (for example, a spare bedroom) for business purposes may be able to deduct a portion of the expenses involved in maintaining that space.
