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Ep #29: Sole Prop vs S-corp vs C-corp
Manage episode 291676736 series 2799517
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As an ER Doc, odds are, you’re going to have 1099 income at some point in your career, if you don’t already. You need to know how to make the best use of it to reduce your tax liability and build wealth through retirement accounts.
We see so many people get this wrong, even when having the right information or working with a professional. There’s a lot of misinformation out there. In this episode, we provide 1099 income earning ranges where certain tax classifications may begin making sense, then dive into real numerical examples showing the tax savings difference getting it right can make.
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