Navigation Links
Top 20 Tax Tips For Doctors
Date:3/12/2009

Financial education company Pathfinder Business Strategies names the most powerful, yet underutilized tax deductions for doctors

Sebastian, Fla. (Vocus) March 12, 2009 -- Aftershocks from the United States' current financial crisis will continue to cripple businesses of all sizes across the nation for years to come. Among the most vulnerable who have a lot to lose are doctors. Doctors are in the highest income brackets, according to the U.S. Bureau of Labor Statistics, which means they lose about one-third (or more) of their annual earnings to taxes. And now, American doctors can make every dollar count by taking tax deductions they've been overlooking. Financial education company Pathfinder Business Strategies LLC announces top 20 tax tips for doctors, naming the most powerful, yet underutilized tax deductions available.

Pathfinder just launched a list of 20 tax tips for doctors that covers how to legally convert their largest personal expenses to business deductions and save thousands of dollars in taxes. Unfortunately, most doctors pull from a list of 25 to 50 business deductions, while there are more than 300 available. The tips are often missed by CPAs and include how private practitioners can pay for their child's wedding or education or buy big-ticket items like golf clubs through an awards program, and much more.

"From our financial coaching sessions with doctor clients and other entrepreneurs, I've noticed most of them are severely under-utilizing tax deductions that would significantly lower their tax liability and put more money in their pocket at the end of the day," says Pathfinder Business Strategies Founder Drew Miles. "Our country's poor economic status isn't likely to change soon, so it's that much more important for doctors to take advantage of tax breaks they're legally entitled to. Surviving and thriving in today's ever-changing market will require taking advantage of every opportunity."
    
Now that the 2008 tax year is coming to a close, it's time doctors become acquainted with deductions they should be taking moving forward so they can keep receipts and good records throughout the year.

For nine years, Pathfinder Business Strategies LLC has been helping entrepreneurs and business owners save thousands of dollars in taxes annually. The financial education company offers a host of services and products, including a financial coaching program, entity structuring expertise and a monthly magazine about wealth building and tax savings, Pinnacle. Formerly a New York lawyer, Miles now specializes in tax strategies and entity structuring. The company is located at 10305 102nd Terrace, Suite 102, Sebastian, FL 32958. To learn more about the company, please visit www.pfbs.com or www.save10kintaxes.com or call 888.695.2765.

Contact Publicist Echo Surina at Philanthropology LLC to schedule an interview with Drew Miles or receive Pathfinder's top 20 tax tips or list of 300 deductions for doctors.

###

Read the full story at http://www.prweb.com/releases/tax_tips/for_doctors/prweb2226994.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved  

Related medicine news :

1. Electronic Communication May Be Boon to Doctors Time
2. Obama to Allow Forcing Doctors to Do Abortions, Says the Association of American Physicians and Surgeons (AAPS)
3. Giving doctors the complete picture
4. AAPS Doctors: White House Healthcare Prom Invitations Lost in the Mail
5. Doctors call for change in how non-active TB in immigrant children treated
6. New tool guides doctors to save cancer patients fertility
7. New ASCO/AUA guideline recommends men and their doctors discuss using 5-ARIs to reduce prostate cancer risk
8. Treating drug-addicted doctors is good medicine
9. Doctors Guide to Cancer Drugs May Need Revising
10. Many Hospital Patients Cant ID Their Doctors
11. Wanted: Pioneer IVF Babies Bay Area Fertility Doctors Launch National Search for First IVF Babies Born 25 Years Ago
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Top 20 Tax Tips For Doctors
(Date:1/19/2017)... ... January 19, 2017 , ... MB Business Capital, a ... senior credit facility to Sunrise, Florida-based Management Health Systems, LLC, dba MedPro Healthcare ... a recapitalization of MedPro led by Harren Equity Partners. Brightwood Capital Advisors ...
(Date:1/19/2017)... Texas (PRWEB) , ... January 19, 2017 , ... Students ... GenCure Tissue Donation Awareness Scholarship competition., The winner will earn a $1,000 scholarship and ... The competition begins Feb. 1, and the deadline is May 31, with the winner ...
(Date:1/19/2017)... ... January 19, 2017 , ... Ultimate Medical Academy (UMA) is ... passionate about making a difference in the lives of the next generation of ... nonprofit healthcare educational institution, has more than 30,000 alumni and employs more than ...
(Date:1/19/2017)... (PRWEB) , ... January 19, 2017 , ... ... asset protection and financial planning services to communities throughout eastern Georgia, is embarking ... against heart disease. , Heart disease kills more Americans every year than anything ...
(Date:1/19/2017)... ... 2017 , ... St. Catherine’s Village announced that a limited number of rooms ... facility on the grounds of the St. Catherine’s Village campus in Madison, Mississippi that ... nursing home in Mississippi for the second year in a row by readers of ...
Breaking Medicine News(10 mins):
(Date:1/19/2017)... 2017 This report on the opioid induced ... of the global market. Large number of chronic pain ... constipation is a major side effect of consumption of ... targeted therapy has been prescribed to treat opioid induced ... medicines, and growing awareness about the therapy are the ...
(Date:1/19/2017)... YORK , January 19, 2017 According ... market for cryotherapy is set to witness a CAGR of 6.5% ... North America will continue to be the leading market ... ... Suppliers are emphasizing on ensuring affordable and adequate supply of ...
(Date:1/19/2017)... 2017  Sensus Healthcare, Inc. (NASDAQ: ... the treatment of non-melanoma skin cancers and other ... therapy, today announced that it will report its ... on Thursday, February 2, 2017 after the market close. ... call with the investment community on Thursday, February 2, ...
Breaking Medicine Technology: