ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 280: March 15th Is the New April 15th

We’re coming up quickly on the March 15th deadline for S corporations and partnerships — and for many 1099 earners, this date doesn’t carry the same simplicity it once did. What used to feel like a routine extension opportunity has evolved into something far more strategic.

The decisions made — or not made — by this deadline can have ripple effects well beyond just filing paperwork. Today, we want to unpack why this particular date deserves more attention than it used to.

Topics Discussed   

  • Why March 15 matters more for S corps and partnerships.
  • What the Pass-Through Entity Tax deduction changes.
  • The tension between SALT limits and PTE elections.
  • Why state-by-state PTE rules complicate filing decisions.
  • The timing conflict between K-1 income and tax elections.
  • The overlap between PTE elections and Solo 401(k) timing.
  • How payroll withholding interacts with PTE payments.
  • Why stacked tax strategies tighten the margin for error.

Resources Mentioned:

Tags:

 

ER docs, emergency medicine, S corporation taxes, pass through entity tax deduction, PTE, SALT cap, March 15 tax deadline, K-1 timing, solo 401(k) timing, physician business taxes