Practice Finance

Learn how leaving your medical practice before 55 can incur sizeable penalties.

Selling a practice takes a few steps. See what you need to do now to show off what your practice has and attract the best buyer.

Private equity markets have grown substantially over the past few decades. Learn about the risks associated with these markets.

Discover why brokerage accounts can't be used to deal with IRA debts.

See what to do when you have earned the maximum Social Security entitlement. (Hint: The answer is not to stiff Uncle Sam on his cut.)

What do investments and the NCAA tournament have in common? Discover the connection.

The economy's in the tank, so you have to make a buck somehow, right? Take a look at one viable way to sell your medical practice for fair market value and retire rich.

Significant changes in the Internal Revenue Code will alter how you depreciate purchases of equipment, property and more. Find out what lies in store for your tax return with these changes.

See why you should think about taxes when it comes to retirement planning.

Income alone doesn't mean financial success, especially if emotional investing is clouding your judgment.

Strategies implemented before your tax liability is set in stone could make you rich in the long run.

In tough economic times, the rules of retiring and selling your practice have changed. See what you need to ensure an orderly transition.

Discover a tool known as the Monte Carlo simulation and how it can help you plan for retirement and ease your worries about depleting your savings.

Discover the benefits and pitfalls of a 529 investment plan.

How much money should you save for when the unexpected happens?

Determine whether it's better to invest first or pay off loans first.

Physicians with their own practices often are too busy to think ahead about their tax planning. Don't let that happen to you.

Regardless of who wins the current tax debate and who wins the upcoming elections, planning opportunities in 2012 will help you minimize both income taxes and estate taxes for the benefit of you and your heirs.

As a medical student, you didn't prepare for the boards the night before. Why do that when facing an IRS audit?

When you've decided that the time is right to sell your practice, one of the important issues impacting what you get from the transaction is income taxes.

Other than your home, your largest lifetime expense may well be paying for your children's or grandchildren's educations. Here's how to start.

Although a surprising number of family physicians depend on themselves for financing their practices, putting money into or withdrawing money from a medical practice should not be tackled by amateurs.

As an investment adviser to many physicians, the author has the opportunity to frequently think about and discuss the best long-term strategies for management of retirement funds.

How to purchase a life insurance policy as a means of making a charity donation.

Slightly more than half of physicians have changed their retirement plans since the recession began.

When to consider giving up on the stock market.

Know your options for paying back student loans during residency.

Learn the pros and cons of incorporating.

Discern whether currency trading is a viable way to make money.

New accounting rules will increase paperwork associated with leasing space.