I am constantly astounded at how hard physicians work to earn money, yet how little time and effort they expend trying to minimize the taxes and maximize the financial benefit they receive. The result is that -- from a personal after-tax financial point of view -- the average practice is grossly inefficient.
This article describes one strategy, non-qualified deferred compensation, you might employ to improve your practice's after-tax financial benefit.
[...]
Full text of American Medical News content is available to AMA members and paid subscribers.
The doctors are in the house
The AMA's House of Delegates is holding its Interim Meeting Nov. 7-10 in Houston, addressing issues such as health system reform and physician payment.
Meeting coverage - Slideshow