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About Tax Record Retention

Which Ones to Keep—How Long? [By Staff Writers] By law, we are all required to keep records the IRS could use to determine our tax liability accurately. And doctors, more than most, know what it’s...

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On the Proposed Tax Cuts

Senate Debate on Extending 2001/2003 Tax Cuts By Children’s Home Society of Florida Foundation The Senate Finance Committee conducted a hearing on July 14, 2010 to discuss the potential extension of...

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Top Income Tax Rates Will Increase

So Says Speaker Nancy Pelosi By Children’s Home Society of Florida Foundation Members of both Parties joined the debate this week on income taxes. Without action by Congress, all of the tax reductions...

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Tim Geithner and Harry Reid Support Top Tax Rate Increases

Obama Plans to Increase Top Two Tax Brackets By Children’s Home Society of Florida Foundation   On a national media program on July 25, 2010, Treasury Secretary Timothy Geithner emphasized that the...

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Change in Distribution of Income Among Tax Filers 1996-2006

A Congressional Research Services White Paper   As tax season draws near, here is an important essay from CRS, by: Thomas L. Hungerford [Specialist in Public Finance] Assessment Link:...

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On the White House Tax Proposals

Reviewing the State of the Union Address   By Children’s Home Society of Florida Foundation In his State of the Union Address last week, President Obama included several tax proposals. He stated his...

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Half of All Americans Don’t Pay Income Tax to Uncle Sam

  Were you Aware? It often seems [especially to frustrated medical professionals] that we all have that cash-creative “friend” who manages to find every loophole, legal or otherwise, come tax time....

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IRS Help for Last-Minute Tax Filing Doctors

2011 Tax Tips for 2012 [Are You Ready to File?] By Children’s Home Society of Florida Foundation The IRS published information letters last week to assist taxpayers who are filing their taxes before...

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Where Tax Dollars Go?

Conclusion Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to...

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Physician’s Understanding Payroll Tax Deductions

Doctor as Employer or Employee [A Primer] The Payroll and Tax Deductions infographic from Paycor takes an unbelievably dry topic and makes it interesting by visually walking someone through their...

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Should Olympic Medal Winners Pay Tax?

A Taxing Question By Children’s Home Society of Florida Foundation At press time this evening, the United States was embarked on a successful 2012 Olympics. The U.S. had received 90 medals — 39 gold,...

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