PM-1 - Adopting an Aggressive but Legal Approach to Taxes

This course will provide a summary of any recent tax law changes passed by Congress and the Biden Administration and will recommend ways to navigate them. Taxes are likely going up, and savvy doctors will be placing greater emphasis on maximizing legitimate, if aggressive, business deductions. Brandon will recommend a series of deductions that many doctors may not be aware of or might (mistakenly) feel are too aggressive to consider. Emphasis will also be placed on the various types of retirement savings accounts (IRAs, 401(k)s and cash balance plans, etc.), when they make sense at different stages of one's career, and how they can be combined with each other to maximize their benefit. Brandon will also discuss the merits of Health Savings Accounts for pre-funding future health care costs and discuss smart ways to pay for a child's or grandchild's education. Finally, Brandon will discuss mistakes that high-earning doctors can make striving for ever greater tax deductions.
157 words (175 max)