Pros and Cons Of Capital Gains Tax One of the most overlooked areas high-income professionals seem to miss when developing a financial plan involves TAXES. Why? Because taxes are NO fun (unless you’re a CPA) and who wants to focus on an expense, right? As a high income earner, your largest expense during your career is going to be income
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Paying taxes is unavoidable, but there are numerous opportunities to help lower a tax bill. Recently, I came across a finance forum for doctors that piqued my interest. One of the most highly viewed posts was, “How To Reduce Taxable Income For High Earners.” Most high income earners that I know are constantly looking for ways to lower their tax
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When I first got out in practice, I didn’t give much thought to paying taxes (or investing) as I was barely making ends meet. Between working out of multiple dental offices and mowing yards (yes, mowing yards!) tax returns were the least of my worries. After a few years of networking with other dentists and learning basic marketing skills, the
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