Listen in as we elaborate on Biden’s tax proposals (if the Democrats can execute it) and explain the importance of strategizing with your taxes. You’ll learn the advantages of working with an S corp versus a C corp, what the increase in the estate tax rate means, and—most importantly—why you should get your tax game in order!
Topics Discussed:
- What Biden’s proposed tax plan would mean for ER Docs.
- The importance of not winging your taxes.
- New S corp versus C corp analysis under the Biden changes.
- What a QBI deduction is.
- The increase in the estate tax rate and what that entails.
- What itemized deductions are.
Tags
financial plan, ER, ER doctor, physicians, Finances, Jonny McMullen, Scott Wisniewski, Taxes, Biden, Tax Proposals, Estate Taxes
