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Graduating from medical school is a major milestone in any physician’s life. It marks the end of a long and challenging journey and the beginning of a new chapter filled with exciting opportunities and challenges. As a graduating resident, you’re probably excited about finally starting your career in medicine.   We know you’ve worked hard

  Although Spring’s almost over, there’s still time for you to clean, organize, and simplify your lives. This is also a great time to review your finances, get rid of clutter, and reorganize your financial life.   Moreover, when you spring clean your finances – you simplify your financial life, reduce stress, and improve your

  Doctors have traditionally enjoyed a secure and respected profession with a stable income. However, the medical profession is changing rapidly, especially in 2023, and doctors face new challenges that are driving them to look for alternative sources of income, such as side hustles.   Besides the financial benefits, doctors can even use side gigs

    In the early 19th century, the medical profession was an exclusive club for men, and women who dared to venture into this field faced numerous challenges.   However, Harriot Hunt, an American abolitionist, and women’s rights advocate refused to be held back by societal norms and paved the way for women doctors. Hunt’s

  Retirement planning for healthcare professionals has become easier with the new Secure Act 2.0, which allows them to save more towards their retirement. This new law is a game-changer for physicians, who have struggled to save enough for their retirement due to their long training periods and high student loan debts.   In this

    Filing your tax returns ahead of time is a financial hygiene every citizen should follow to stay out of any unnecessary hassle.   However, as the tax filing deadline approaches on April 15th, many taxpayers find themselves scrambling to gather documents and prepare their returns. A study by IRS found that over 20%

  Tax extension is a way for taxpayers to get extra time to file their returns. Usually, they can request an additional 6 months to file their tax return. With such an option available, you can avoid late penalties or interest charges issued by the IRS. However, since the tax season is here and the

  With the tax season knocking at the door, the thought of being audited by the IRS can seem daunting.   While the chances of being audited by the IRS in 2023 are relatively low, you must be aware of the red flags that could increase your chances of being audited as a medical professional.

  The Internal Revenue Service (IRS) has issued a warning that taxpayers may experience delays in receiving their tax refunds in 2023. This news comes as a result of factors like – ongoing changes to tax laws, processing backlogs, and other administrative issues. This blog will explore the reasons behind the delay and provide tips