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Welcome to the blog!

A repository of articles about things doctors didn't learn in medical school, covering side gigs, finances, the business of medicine, life in medicine, and more. These resources are intended to take a deeper dive into specific topics referenced in our educational pages.

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Featured Posts

Physician Transition to Practice: A Guide and Checklist for Graduating Residents and Fellows

Pharmaceutical Industry Roles for Physicians Seeking Nonclinical Career Opportunities

7 Ways Physicians Can Get Involved In Health Tech and Innovation

Assessing a Rental Property Investment Opportunity: Does it Cashflow?

Tax Strategy for the W2 Physician

Understanding an RVU Based Contract

Assessing A Private Practice Partnership Opportunity

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What Physicians Need to Know about Quarterly Estimated Taxes

What Physicians Need to Know about Quarterly Estimated Taxes

What quarterly estimated taxes are, which physicians must pay them, how to calculate how much you owe, and when payments are due.

Hiring Your Kids as Employees for Your Physician Private Practice or Business, including Tax Advantages

Hiring Your Kids as Employees for Your Physician Private Practice or Business, including Tax Advantages

Pros and cons of hiring your kids via your practice or side gig as employees for tax savings, and tips to stay in compliance with IRS rules.

Your First Paycheck as an Attending Physician

Personal Finance

Your First Paycheck as an Attending Physician

Key deductions to expect from your first paycheck as an attending physician, including taxes, insurance premiums, and retirement.

Governmental and Non-Governmental 457 (457b) Retirement Plans for Physicians

Personal Finance

Governmental and Non-Governmental 457 (457b) Retirement Plans for Physicians

What physicians should know about key differences of governmental and non-governmental 457 b plans before deciding if they should contribute

Real Estate Professional Status (REPS): A Powerful Tax Reduction Strategy for Qualifying Physicians

Real Estate Professional Status (REPS): A Powerful Tax Reduction Strategy for Qualifying Physicians

Real Estate Professional Status (REPS) can significantly reduce taxes owed on your primary physician job if you meet qualifying criteria.

Taking the Home Office Deduction as a Physician

Taking the Home Office Deduction as a Physician

Which physicians are eligible to claim the home office tax deduction, and how to calculate it via the simplified and actual expenses methods

The QBI Tax Deduction and Which Physicians Can Claim It

The QBI Tax Deduction and Which Physicians Can Claim It

Why the QBI deduction (also known as Section 199A) is so powerful for physicians, who is eligible, and strategies to maximize your deduction

Should I Choose to Be Paid as a W2 or 1099 Physician?

Should I Choose to Be Paid as a W2 or 1099 Physician?

A guide to being a W2 or 1099 physician including the differences between them, pros and cons of each, and how to decide.

Guide to The Mega Backdoor Roth

Personal Finance

Guide to The Mega Backdoor Roth

The Mega Backdoor Roth is a powerful tax advantaged tool for physicians. The article covers what it is, who is eligible, and how to do it.

Choosing an Accountant: Considerations and Costs

Choosing an Accountant: Considerations and Costs

Accounting costs can vary widely. Here's how to choose who you should hire and how much you can expect to pay.

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