Medical Professionals: It’s Not Too Late to Save on Your Taxes
by Jason R. Cross, CFP®, CTFA
May 20, 2022
3 minutes
After experiencing financial hardships in 2020 caused by COVID-19, 2021 was a banner year for many medical professionals. I’ve spoken with several dentists who saw their income grow 20% or more last year, rebounding nicely after enduring temporary office closings and patients canceling or delaying their appointments due to the pandemic.
For these professionals, this situation presents a unique opportunity: how to best invest this windfall and still minimize their 2021 tax bill. And because doctors
You’re reading a preview, subscribe to read more.
Start your free 30 days