Accounting and Advisory Services for Locum Tenens Physicians
Whether you’re moonlighting, starting your own business, or need help planning to FIRE, we’re here to guide you on your financial journey.
❖ Save time
❖ Feel confident
❖ Reach FIRE
Do you struggle with:
Tracking your bookkeeping and payroll
Endless articles on tax saving strategies
Ever-increasing tax complexities
Just spending too much time on all of this!
Our financial services do the heavy-lifting for you.
Tax Planning + Preparation
Whether you’re an employee, just getting into locum tenens work, or running your own company, we’re here to ensure you’re using every tax reduction strategy available to you.
Bookkeeping & Payroll
If you decide to incorporate your self-employment income, these items become a legal necessity. We believe that with the right guidance, these compliance tasks can be simplified to the point of DIY.
Business Formation
We’ll help you determine the best entity structure for your business, and guide you through the decision on whether using a service like LegalZoom is the right choice for your situation.
We know tax planning is a pain.
With all the articles out there that target medical pros, it’s difficult to know how to pair one strategy with another. Many strategies impact others as well, increasing the complexity of your overall financial picture. We’re here to explain how it all works, and how to implement it all efficiently.
Retirement accounts: There’s a lot of them. Should you choose a solo 401k, SEP IRA, SIMPLE, or DB Plan? What’s best for your situation?
Whether you plan to FIRE or not, putting away for your retirement should be one of your top priorities. Saving on taxes is right after that. Luckily, we specialize in both.
Our Process + You
1) Initial Discovery Meeting
We’ll meet for 30 minutes to discuss your current tax situation, as well as exactly what you’re looking to get out of a relationship with our firm. We’ll go over any questions or concerns you may have, and if we’re a good fit to address those items.
At the end of our discussion, we’ll send over a custom proposal based on the services discussed. Whether you choose to move forward with us or not, you’ll be able to make the decision in a pressure-free environment.
2) Data Collection + Analysis
Once you accept our service proposal, we’ll send over an in-depth questionnaire to collect your current and past tax information. We’ll onboard you into our software while we process and analyze your situation to determine the best mix of tax/retirement planning techniques available to you.
3) Personalized Tax Plan
After finalizing our analyses, we’ll provide a detailed tax plan document, outlining the strategies we believe will provide a benefit to you, and how to utilize them efficiently.
This documentation will be the first step to understanding how everything you’ve read in tax/financial articles up to now come together to form a cohesive picture.
4) Implementation + Ongoing Advisory
To ensure that the strategies we recommend are followed, we have three touch points throughout the year. One during tax season, one during the summer, and one around the holidays. You’ll receive a personalized video explaining your deliverables at each touch-point, going over your numbers and anticipated tax balances, estimates, and tax planning goal updates.
We believe, through this system of consistent check-ins, that you’ll be able to stay on track of everything you need to do, in order to maximize the benefit of your personalized tax plan.
If you’re ready to learn more, click the button below to schedule a time for us to chat.
Our Prep to DIY Solution for Bookkeeping and Payroll
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First 3 Months
In this initial period of time, we’ll be speaking on an almost weekly basis. Between setting up your books, configuring your payroll, and handling all of your tax planning items, there’s a lot to take care of!
We’ll get your books up to date in this timeframe, provide general video education, and overall get your new S-Corp set up for your compliance-based needs.
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Next 3 Quarters
Now that we’ve taken care of the setup tasks and settled you into our software, it’s time for you to dip your toe in the water.
We’ll provide a short video series showcasing exactly how we prepare your books + payroll. Through these videos, we’ll teach you how to handle these tasks yourself to the point where you never have to pay for these services again. Moving forward, we’ll review your work on an as-needed basis to ensure that it’s been handled correctly and efficiently.
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DIY Thereafter
We’ve been working together for roughly a year at this point, and it’s time to renew! We’ll have a discussion about your comfort level with your compliance tasks and how you’d like to handle them moving forward.
Whether you’d like to move to full DIY, retain the review process, or move back to us preparing your books - we’ll help you transition in whatever way you prefer.
Taxes don’t need to be stressful.
Let’s work together to create more freedom in your life.