by Financial Designs | Feb 5, 2022 | Blog, Investment, Residents, Tax
By John Golway, CPA and Founder of Financial Designs Tax Services, LLC Updated to reflect 2024 information. It’s that time of year… cheery music, crisp weather, shiny lights… and wrapping up your taxes for 2023. Don’t worry – if you have a good CPA, it...
by Financial Designs | Apr 29, 2021 | Blog, Insurance, Investment, Residents
By Terry Westlund Health Savings Accounts, aka “HSAs” are a common financial strategy used in a provider’s arsenal. But are you clear on all the reasons why a HSA can be handy? See below for the top reasons you may want to incorporate this kind of account into your...
by Financial Designs | Apr 15, 2021 | Asset Protection, Blog, Investment, Residents
By Ryan Johnson Fiduciary. This word has been around for a long time, but it’s still not clear to many what it actually means. A fiduciary is someone who acts in the best interest of another person. Being a fiduciary is about loyalty, honesty and trust. Sounds simple,...
by Financial Designs | Jan 4, 2021 | Asset Protection, Blog, Insurance, Investment, Residents, Tax
By Terry Westlund, Co-founder of Financial Designs With the new year, many of you have made or thought about making resolutions. There is probably another sub-set of readers who might have pushed that to the bottom of the proverbial “to-do” list. According to Forbes,...
by Financial Designs | Oct 27, 2020 | Blog, Residents, Tax
By Chris McQueen, CPA As an independent contractor, you are obligated to submit quarterly tax estimates. Although the phrase “quarterly estimate” can make many feel anxious, this process doesn’t have to be complicated or overwhelming. Here is what you need to know: 1)...
by Financial Designs | Apr 28, 2020 | Blog, Insurance, Investment, Residents, Tax
By Katie Bennett, ChFC® Congrats! After years of hard work, little sleep and lots of determination, you have finished medical school and residency, and your paycheck finally reflects a physician’s salary. The jump from the average residency pay of $67,400 to a...
