Join Tod Stillson, a family physician and entrepreneur, as he navigates the intricacies of tax planning and financial well-being for employed doctors. Tod provides valuable insights on transitioning from a traditional W-2 employee role to becoming a micro-business owner, offering key tips on tax-saving strategies, downsizing full-time positions, and maximizing deductions. As the health care industry continues to evolve, employed doctors must stay ahead of the curve when it comes to their finances. Tod discusses how to effectively navigate the ever-changing landscape of taxation to optimize financial health and secure a stable future. Whether you are a seasoned practitioner looking to make a strategic career transition or a new doctor seeking to boost your financial literacy, Tod offers practical advice and expert guidance to help you achieve your financial goals.
Tod Stillson is a family physician, entrepreneur, and Amazon best-selling author of Doctor Incorporated: Stop the Insanity of Traditional Employment and Preserve Your Professional Autonomy. He can be reached at SimpliMD. Follow him on Facebook, Instagram, and X @DrInc9, or join his Facebook community for doctors, Every Doctor Is A Business.
He discusses the KevinMD article, "Tax tips for employed doctors: the allure and hazards of safe harbors."
Our presenting sponsor is Nuance, a Microsoft company.
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