Locum Tenen's Taxes
American Dream CPA is a proactive CPA firm that has the knowledge and expertise of working with Locum Tenens Physicians. Why pay 40% of your income in taxes? Work Locum Tenens and with American Dream CPA is the best solution to lowering your taxes and improve your quality of life.
Locums work can be a great alternative to working full time as an employee at a large group or hospital. It works great if you want part time work and pay substantially less in taxes than extra shift or a second W-2 job.
Do you want to save taxes like corporations and billionaires do? Do you think that there is a different set of tax rules for them and you? Guess what? There are two sets of rules under the current tax system.
Businesses can take all sorts of “ordinary and necessary” tax deductions (including for jets, boats and limousines) and apply "tax credits" to reduce their taxes. Corporations use a separate tax system. Corporations hire lobbyists, buy political influence and get unbelievable tax benefits. The result is that corporations pay less than 2% of their total income in federal income taxes.
Individuals can take very limited deduction and a forced to pay a substantial portion of their income in taxes. You can take advantage of both tax systems by filing a separate S Corporation return for your Locums income and expenses in addition to your individual income tax return.
We show you under what circumstances auto, travel, research expenses, meals and entertainment expenses are deductible. It is our goal to teach you how to maximize legitimate expenses and be sure that they have proper support. The result is that you can lower your taxes with bulletproof deductions.
We designed our Tax Pain Reduction Program with you in mind. This Program is designed to make your life less painful when it comes to taxes. In this program we can handle almost everything for you — tax planning, preparation, accounting, payroll, and guiding our clients on how to take full advantage of the tax system. The returns are engineered to be accepted without audit and to comply with the tax laws and regulations, taking advantage of both the corporate and individual tax systems.
The Program includes tax planning and limited consulting services. Proper tax planning can minimize and manage taxes. Additional benefits are to provide the best defense against possible third-party questions. If a transaction is planned in advance, research performed on the appropriate tax laws and proper documentation is used, then you have a better chance of avoiding or minimizing these inquiries. You are encouraged to discuss large and/or unusual transactions with us so you know under what circumstances and documentation is required so the transaction is deductible
This is a Concierge style program to provide the services required to make working Locum a great alternative than working as an employee at a large group or hospital. Our goal is to design, implement and maintain a long-term tax strategy to achieve the lowest practical tax consistent with your lifestyle and to improve your quality of life. This can save you many thousands of dollars in taxes every year. Our reasonable monthly fee are based on your business income.
A specialized CPA firm is your best solution. We are passionate about removing your tax pain. Our successful track record over decades demonstrates our methods work while our expertise and efficiency keep our fees reasonable. Call now so we can review your situation and make specific recommendations to improve your quality of life. You will be grateful for having engaged our services.
Adrian Keith Skane, Senior Partner, CPA
