Expert Guides for Independent Contractor Physicians
Each guide addresses specific tax planning challenges faced by locum tenens and 1099 physicians. Written in plain language with actionable strategies and real-world examples.
Common Tax Mistakes Independent Physicians Make
Six critical mistakes that cost physicians $5,000 to $20,000 annually. Covers S-Corporation timing, salary optimization, QBI threshold errors, expense tracking failures, estimated tax miscalculations, and retirement account selection.
Read GuideQBI Deduction Deep Dive for Physicians
Complete analysis of the Qualified Business Income deduction for physician S-Corporation owners. Covers phase-out calculations, SSTB classification, salary impact, threshold optimization, and the critical taxable income limitation.
Read GuideS-Corporation Formation Complete Setup Guide
Six-phase formation process covering pre-formation decisions, state incorporation, federal registration, banking setup, payroll implementation, and ongoing compliance. Includes state filing fees, Form 2553 deadlines, and MGMA salary guidance.
Read GuideTax Strategy by Income Tier
Income-specific optimization strategies for physicians earning $200K to $500K+. Three-tier approach covering S-Corporation formation, retirement maximization, QBI threshold management, and advanced wealth accumulation.
Read GuideWhy Choose Physician-Specific Tax Expertise
Five critical gaps most generalist CPAs miss when serving independent contractor physicians. Each gap costs $3,000 to $15,000 annually in excess taxes or lost opportunities. Covers QBI monitoring, MGMA benchmarking, and proactive planning.
Read GuideQBI Deduction Complete Guide for Physicians
Comprehensive 5,000-word guide covering QBI phase-out mechanics, SSTB limitations, W-2 wage calculations, and 8 real-world physician scenarios including multi-state practice, spousal employment, mid-year formation, and partnership income integration.
Read GuidePhysician Tax Glossary
Comprehensive definitions of 10 critical tax terms for independent contractor physicians: Backdoor Roth IRA, Cash Balance Plan, Mega Backdoor Roth, MGMA, OBBBA, PTET, QBI, Reasonable Compensation, S-Corporation, and Solo 401(k). Each term includes physician-specific examples and strategic context.
Read GuideMulti-State Taxation Complete Guide
All 50 states organized by complexity tier, income sourcing rules, entity registration requirements, estimated payment obligations, and 6 real scenarios for physicians working across state lines. Covers danger states (CA, NY, NJ), statutory residency traps, and coordination strategies.
Read GuideCash Balance Plan Complete Guide
Comprehensive guide to Cash Balance Plans for high-income physicians: contribution limits by age ($100K-$400K+), integration with Solo 401(k), setup requirements, provider comparison, and real scenarios for physicians age 42-58. Includes 2026 super catch-up provision for ages 60-63.
Read GuideNew York S-Corp Formation Guide
PLLC pathway for New York physicians: 4-5 month realistic timeline, publication requirements ($300-$1,800 by county), Department of State filings, franchise tax obligations, and multi-state considerations for tri-state area physicians. Covers why NY requires PLLC instead of standard LLC.
Read GuideCalifornia S-Corp Tax Guide for Physicians
Complete California taxation guide: $800 minimum franchise tax, 1.5% entity-level tax, $711K doing business threshold, FTB audit exposure, EDD compliance requirements, multi-state planning, and exit strategies. Covers PTET election, BOI reporting, and residency change mechanics for physicians leaving California.
Read GuideLocum Tenens Tax Guide
The tax home doctrine that decides whether your travel and lodging are deductible, the temporary versus indefinite assignment test, multi-state income sourcing and resident-state credits, entity structure across multiple jurisdictions, reasonable compensation done correctly, and 2026 retirement limits on irregular income.
Read GuideAbout the Authors
Daniel Huang, MHA
Co-Founder & Chief Strategy Officer
Background in investment banking, healthcare management consulting, and hospital finance leadership. Holds Series 7, real estate, and insurance licenses, used to evaluate strategies objectively rather than to sell products or earn commissions. Writes the tax and entity guidance published here.
Dr. Troy Akers, MD
Co-Founder & Physician Advisor · Medical Reviewer
Emergency Medicine physician and Army combat veteran. Advises on how tax and entity decisions play out against the realities of independent clinical practice, locum tenens scheduling, and contract work.
1099 Physician Solutions is a Physician CFO practice for independent contractor physicians. Read our story.
Ready to See the Whole Picture?
Book a Financial Diagnostic. In one conversation you'll leave knowing the 2–4 financial priorities that deserve your attention first, whether or not you work with us.
Book a Diagnostic