Compensation and estimates
Salary, bonus, moonlighting income, withholding, estimated payments, and state exposure.
Physicians & medical organizationsTax work for physicians
Tax work for physicians
and practice owners
Tax advice for employment income, independent work and practice ownership, considered alongside the household’s other tax matters. We can work with the professionals already advising you and the practice.
Compensation, ownership and personal tax
Practice ownership
K-1 income, basis, compensation, distributions, and the effect on the household return.
Buy-ins and transitions
Tax analysis of the proposed terms, cash needs, compensation changes, and later reporting.
Retirement, investments, and charitable work
Tax consequences considered with the other professionals responsible for the decision.
Accounting and tax for the practice
The business section covers books, monthly close, payroll coordination, management reporting, business tax, hiring, new locations, ownership changes, and transactions.
Open business servicesSeparate legal support
When a physician or practice needs a new entity or trust, Hickok Tax Law, PC may be separately engaged for legal implementation. Tax advisory and legal services remain separate in scope, responsibility, and billing.
Related reading
Before a physician practice buy-in
The acquisition, financing, compensation and household tax year should be understood before the agreement is final.
Read the article