March 15, 2009
By:Christopher Robinson, MD, MSCR
With tax season upon us, here is some useful advice that can help you navigate some important IRS regulations as they pertain to locum tenens practice.
 |
February 15, 2009
By:Joseph Smith
Once you obtain a license to practice in another state and begin accepting temporary contracts, you not only increase your practice options, but also add another income tax return.
|
March 15, 2008
By:Joseph Smith
Whether you are filing your own taxes or using a tax professional, there are some necessary forms that will complete your understanding of your tax situation.
|
November 15, 2006
By:Joseph Smith
If you are unincorporated, or operating as an LLC or a C Corp sole proprietor, these new IRS rules do not affect you. But if you are a locum tenens physician with S Corporation status, you need to read on.
|
July 15, 2006
By:Dan Kobaly, EA
With the incidence of individual audits increasing over 20%—from 1.0 million to 1.21 million—it is more important than ever for locum tenens providers to understand how to minimize risk and be prepared for a summons by the Internal Revenue Service (IRS).
|
April 15, 2006
By:Dan Kobaly, EA
One of the many questions faced by locum tenens providers is the
type of local transportation to use?including walking, cycling,
taking a taxi, or driving their own vehicle or rental car. If you
take your car or truck on location, is it better for you to buy or
lease? Unfortunately, the answer is not as easy or straightforward
as you might think.
|
March 15, 2006
By:Dan Kobaly, EA
One of the major benefits cited by most locum tenens providers is the ability to travel from state to state and sample America's diversity of scene, populace, and culture. However, while the federal 1040 tax form is consistent across states, it is safe to say that no two states handle taxation the same way.
|
February 15, 2006
By:Joseph Smith
Last August, President Bush signed the Energy Tax Incentives Act of 2005, which provides tax breaks for individual homeowners purchasing and installing energy-saving devices in 2006 and 2007. Additionally, the old $2,000 deduction for hybrid cars has been replaced with a series of new tax credits in 2006. If you are thinking about a new car or an upgrade to your home, you may want to consider some of these rules before making a purchase.
|
December 15, 2005
By:Dan Kobaly, EA
With the tax year coming to a close, you may still be able to make a last-minute change that will reduce what you owe, but then again, it might be more prudent to wait until next year. As always, when it comes to tax decisions, "it depends."
|
| 
