Accounting & Tax Planning for Medical Practices
We offer a no charge intro meeting of up to 1-hour to get to know you, your practice, and understand how we can best help you succeed.
You’ve heard it before… High income does not automatically equal profitability, wealth, or early retirement.
Paying too much in tax, maintaining second-rate financial records, failing to protect your assets, inadequate debt management, deficient planning for future income, and making poor investment choices are all very common mistakes made by medical professionals.
And you KNOW you can figure this stuff out… if you only had the free time to do it.
When a medical practitioner fails to minimize the tax they pay, they are simultaneously reducing their cash flow and wealth building opportunities. When the practice has terrible bookkeeping & accounting, the owners are left to guess at profitability and struggle to plan for the future.
SMD Consulting & Accounting, LLC was founded on the steadfast belief that medical professionals like you want and need proactive planning and advice to help achieve optimal financial results. With our proven processes and multi-disciplinary approach, we know how to help medical practices achieve their personal and financial goals.
Let us help you manage the accounting; and you can focus on helping your patients and spending time with your family.
- Tax deductions
- Enhancing profitability
- Expense reduction
- Wealth accumulation
- Real estate investment
- Entity selection
- Asset protection
- Passive income
- Cash management
- Interpreting financial statements
- Banking & financing choices
- Healthcare concerns
- Lease vs buy decisions
- Process improvement
- Price & service mix adjustments
- Employee vs Contractor rules
- Exit strategies
- Business valuation
- Retirement
- Goal setting
- Legacy planning
- Philanthropic goals
- All that other stuff you would normally Google related to business, finance, tax, law, wealth management, insurance, accounting, and success.