Are you a locum tenens doctor looking to optimize your tax strategy? In this informative video, we break down the 8 most common tax mistakes that locum tenens physicians make and provide essential tips to help you avoid them. From misclassifying your employment status to overlooking deductible expenses, these pitfalls can cost you significantly.



Join us as we cover crucial topics such as:


Understanding your tax obligations as a locum tenens

The importance of proper record-keeping

Maximizing your deductions for travel and lodging

Navigating state taxes and residency challenges

Tips for working with tax professionals who specialize in healthcare





How to Start and Operate Your Locums Practice:
https://thelocumcpa.com/free-ebook/



00:00 Introduction to Locum Tenens and Tax Obligations

01:38 Common Tax Mistakes: Misclassification of Worker Status

02:35 Common Tax Mistakes: Neglecting Estimated Tax Payments

04:03 Common Tax Mistakes: Overlooking State Tax Obligations

06:36 Common Tax Mistakes: Failing to Deduct Business Expenses Properly

08:29 Common Tax Mistakes: Mismanagement of Retirement Contributions

09:37 Common Tax Mistakes: Ignoring Self Employment Taxes

10:14 Common Tax Mistakes: Inadequate Record Keeping

11:30 Common Tax Mistakes: Overlooking Deductions for Health Insurance

12:05 Conclusion and Final Tips



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