Background A single anesthesiologist with W-2 income of $450,000 and receiving a K-1 from minority ownership in two medical related entities with an additional $100,000 of income being passed through. The doctor had zero deductions available due to various phase-outs, and limited options to make corporate level changes to plan for taxes, and was paying over $150,000 each year to the government. Current debt payoff was a priority for the client, rather than long term savings and retirement strategies. Fortunately, they called one of our Managing Directors at Redwood Tax Specialists! The Plan Based on the client’s preferences, cash flow needs, and budget, we designed their custom tax plan with:
"We reduce taxes by 50% almost 100% of the time."
Chad Free, Managing Director/Case Design Manager,
Redwood Tax Specialists
Greenville, SC and Surrounding Areas
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