Practice Finance

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In these difficult economic times, is it wise to have some resources located in a bank account outside of the United States?

I recently purchased a medical practice by buying stock from the retiring doctor. My accountant told me that I am not able to take a tax deduction for my down payment or subsequent payments to the bank. Why?

Q&A: Taxes on grant money

I have been awarded a grant designed to recruit new physicians to underserved areas in my state. Is this money subject to taxes?

I'm planning to retire soon and obviously want to avoid common financial mistakes that many retirees or soon-to-be retirees make. What are some common retirement-related missteps?

I travel every few months for conferences and other professional development gatherings. Do you have any tips that could help me stretch my travel dollars?

I've read a lot about how home heating costs will be much higher this winter than in past years. Is there anything I can do before winter sets in to keep costs down?

My grandfather recently died, and I received $300,000 from his retirement plan. I know his estate is required to pay tax on the proceeds, but must I pay income tax when I take money out of the plan?

A California attorney recently explained how I could place my house into a trust to avoid the risk of losing it to a future malpractice creditor. Is there any downside to doing this?

I need a quick source of cash. Is it possible to tap funds from my individual retirement account, assuming I plan to repay the account?