PRIVATE-PRACTICE OWNERS
The practice and the personal tax plan should not be separate conversations.
Tax planning, accounting and advisory for physician-owned practices—from DPC and concierge startups to established clinics, partnerships and medical groups.
The books, owner compensation, payroll, estimated taxes, retirement plan and ownership decisions all affect one another. The value is having someone coordinate them throughout the year.
What we look at
Starting, acquiring or buying into a practice
Solo and multi-owner entity structures
Owner salary, distributions and cash planning
Monthly bookkeeping and financial information
Employees, contractors, payroll and reporting
Retirement-plan design when employees are involved
Equipment, expansion and major purchases
Adding an owner, buying one out or changing ownership
Multiple entities or locations
Coordinating business returns with the owners’ personal returns
Start with the questions.
A few minutes. Rough numbers are fine. No documents.