Noah Kaufman is an emergency physician and financial planner. He is founder and CEO, Kaufman Medical Group, and can be reached on Twitter @noahkaufmanmd.
As doctors, we carry more educational debt than most other professionals. We want to enjoy a nice lifestyle for our efforts, so we buy nice houses and spend our money. To make our hard work and sacrifices worthwhile, we have to invest our earnings to keep up with inflation.
Choosing how to invest our money is full of risk. One under-appreciated risk that we face — even if diversified — is …
Not only is an audit unlikely to happen — if it does, it’s rarely a huge deal.
Few words inspire such fear in the hearts of Americans as “IRS audit.” But one of the biggest mistakes that taxpayers make is letting fear of the IRS stop them from taking advantage of tax savings they deserve. Especially for locums tenens docs and other 1099 income earners since the 67,000-page tax code favors …
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