Practice Finance

Income alone doesn't mean financial success, especially if emotional investing is clouding your judgment.

Strategies implemented before your tax liability is set in stone could make you rich in the long run.

In tough economic times, the rules of retiring and selling your practice have changed. See what you need to ensure an orderly transition.

Discover a tool known as the Monte Carlo simulation and how it can help you plan for retirement and ease your worries about depleting your savings.

Discover the benefits and pitfalls of a 529 investment plan.

How much money should you save for when the unexpected happens?

Determine whether it's better to invest first or pay off loans first.

Physicians with their own practices often are too busy to think ahead about their tax planning. Don't let that happen to you.

Regardless of who wins the current tax debate and who wins the upcoming elections, planning opportunities in 2012 will help you minimize both income taxes and estate taxes for the benefit of you and your heirs.

As a medical student, you didn't prepare for the boards the night before. Why do that when facing an IRS audit?

When you've decided that the time is right to sell your practice, one of the important issues impacting what you get from the transaction is income taxes.

Other than your home, your largest lifetime expense may well be paying for your children's or grandchildren's educations. Here's how to start.

Although a surprising number of family physicians depend on themselves for financing their practices, putting money into or withdrawing money from a medical practice should not be tackled by amateurs.

As an investment adviser to many physicians, the author has the opportunity to frequently think about and discuss the best long-term strategies for management of retirement funds.

How to purchase a life insurance policy as a means of making a charity donation.

Slightly more than half of physicians have changed their retirement plans since the recession began.

When to consider giving up on the stock market.

Know your options for paying back student loans during residency.

Learn the pros and cons of incorporating.

Discern whether currency trading is a viable way to make money.

New accounting rules will increase paperwork associated with leasing space.

Under new regulations, the total cost of a 401(k) plan will be visible for all to see.

If you're like most primary care physicians, you think you should earn more for the 60, 70, and even 80 hours you work each week. The fact is, you can.

Find out the advantages of purchasing disability insurance at a younger age.

Learn about the best option when purchasing a practice.

How to minimize liability from potential auto accident.

As a doctor, you are probably able to enjoy a more generous lifestyle than most other families. But having that lifestyle also means you will require more savings to support your standard of living in retirement.

Find out the advantages of establishing your own insurance company.

Find out how to network with insurance providers.

First-year primary care physicians earned more in single-specialty practices than as part of multispecialty practices, according to a new study from the MGMA.