Reasons Doctors Pay Too Much Tax -- Four Diseases, One Cure A Guide to Legally Reduce Tax for Physicians and Surgeons

Reasons Doctors Pay Too Much Tax -- Four Diseases, One Cure A Guide to Legally Reduce Tax for Physicians and Surgeons

RM 6.99

ISBN:

9781939243003

Categories:

Business & Management

File Size

0.11 MB

Format

epub

Language

English

Release Year

2013
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Synopsis

Reasons Doctors Pay Too Much Tax – Four Diseases, One Cure by Jay Malik is written exclusively for doctors so that they can reduce their tax burden legally, while staying within the US tax law and its interpretation by the IRS and the courts. Because tax is one of the main expenses for most doctors, its reduction goes a long way towards providing financial independence for doctors and helping them achieve their goals. The simple and plain language in the book explains the four major tax mistakes made by doctors and their tax professionals that result in doctors paying tens of thousands of dollars in taxes that are not required. It provides a solution that enables them to avoid making these mistakes so that they can benefit from the opportunities already available in the US Tax code. It also explains why these tax loopholes are missed or under-used. Jay’s book is free of the usual accountant gobbledygook. Its concepts are explained in an understandable manner because after all, doctor are not financial experts, they are medical practitioners. It refrains from making things more complicated than they need to be. The practical nature of Reasons Doctors Pay Too Much Tax comes from the author’s accomplishments as an expert in this field. He understands the challenges of working with doctors and explains the reasons why they have the problems that they do. Jay’s book is unique because it identifies one solution for a multitude of problems. Because doctors are not trained to handle the financial demands of a busy practice, and have neither the time nor the expertise to keep abreast of ever-changing tax laws, the book refrains from prescribing self-help solutions. Tax overpayment problems of doctors are simply too complex to be tackled by the doctors themselves.