Category: All Specialties, Finance, Practice Management Category: All Specialties, Finance, Practice Management (show less)

Description:
Transitioning from residency into practice brings exciting opportunities—but also complex financial responsibilities. This course is designed to help physicians build confidence in managing their tax and financial obligations from the start of their careers. Participants will learn how to decode the tax year, gaining clarity on W-2 versus 1099 income and strategies to minimize tax liability through proactive planning. The session will also cover key deductions for physicians, including student loan interest, CME costs, licensing fees, and startup expenses for a new practice. Finally, Kassouf’s experienced healthcare CPAs will guide learners in laying the groundwork for long-term financial health with insights on tax provisions, retirement savings strategies, and entity structure decisions that can shape a secure financial future.

CME Objectives:
After completing this activity, learners will be able to:

• Differentiate between W-2 and 1099 income and apply strategies to reduce tax liability through proactive financial planning.
• Identify and apply key tax deductions relevant to physicians, including student loan interest, CME costs, licensing fees, and practice startup expenses.
• Evaluate long-term financial strategies by examining tax provisions, retirement savings options, and entity structures that support sustainable financial health.

Disclosure:
The speaker, planners and staff who control content have no relevant financial relationships to disclose.  

Estimated Completion Time:
60 Minutes

Instructions for Earning Credit:  Learner must review all of the content included in the online video course, and complete the online course evaluation.
 
Recorded: August 26, 2025                       
Released: October 15, 2025                               
Expires: April 15, 2026         
                                                                            
Course Fee: Members: Free; Non-members: $75                
    
Refund Policy: Registration fee is non-refundable.

DISCLAIMER: 
The information presented in these materials is for educational and informational purposes only and does not constitute financial, investment, tax, or legal advice. Although the content was accurate at the time of recording, laws, regulations, and financial circumstances may change over time. Kassouf & Co., Inc. and its representatives make no guarantees as to the completeness or accuracy of this information at the time of viewing.
 
Viewers should not act or rely solely on the information provided in these presentations without seeking the advice of a qualified financial, tax, or legal professional who can address their specific situation. Kassouf & Co., Inc. assumes no responsibility or liability for any errors or omissions in the content or for any actions taken based on the information contained herein.

Because tax laws and regulations can change frequently, the information presented may become outdated over time.  For this reason, the course is offered as a time-limited enduring material.  Registration for the course will close on April 15, 2026, and individual registrants will have access to the course content for 45 days from the date of registration.