Business ownership, real estate and paper assets are your path to wealth building

Originally posted on Holistic Financial Plan Lifetime Retirement Income:

Business ownership and real estate are the two wealth building asset
classes financial advisers typically don’t talk about (because they
can’t sell them) even though they are essential components to many
wealth plans.

Just to be fair, however, business ownership and real estate aren’t
for everyone either. These two asset classes have their own set of
issues (there is no perfect solution) and require far more active
involvement to create excess returns.

You must have entrepreneurial skills and a deep commitment to your
vision to compete. Additionally, the risks are much higher and the
outcome is less certain. Finally, both of these asset classes
require a higher dedication of your scarcest resource – time.

With that said, if you have what it takes you can gain huge
leverage and tax advantages. There is literally no practical limit
to the mathematical return you can make on investment.

Some entrepreneurs and innovative…

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Financial structure and strategy for doctors and business owners only

Originally posted on Holistic Financial Plan Lifetime Retirement Income:

for doctors only

Sec 79

only c corp

medical practice c corp

multiple entities

real estate and your practice

RE and LLC

LLC lease back

Contact Connie Dello Buono 408-854-1883 motherhealth@gmail.com if you are a doctor or business owner and wanted to save at least 20% in income taxes, protect your assets and cash flow and ensure your lifetime retirement savings are earning with guaranteed return, tax advantages and less risks. We work with your CPA, real estate advisors and other advisors to form a team to support for financial goals short term and long term needs.

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Protect your cash accumulation from unnecessary taxes, market risks and inefficient financial products

Originally posted on Holistic Financial Plan Lifetime Retirement Income:

critical capital mass

Now that you are in critical capital mass and earning more than you are spending, your goals are to protect your cash accumulation from unnecessary taxes, market risks and inefficient financial products.

Contact Connie Dello Buono, financial planner for doctors and business owners working with CPA and financial advisors in ensuring that your cash accumulation is protected from unnecessary income taxes using a business structure and financial plan with proper protection, less market risks and earnings for lifetime retirement income. 408-854-1883 motherhealth@gmail.com CA Life Lic 0G60621 

1708 Hallmark Lane San Jose CA 95124

Free webinar for doctors and business owners every Friday at 1pm for 1hr on protecting your cash flow with C corp, CPA and financial planners/advisors and your financial goals. Email Connie at motherhealth@gmail.com if you are a business owners, CPA or doctor and wanted to protect your cash flow from taxes and market risks.

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W2 and 1099 income for Stanford and Kaiser doctors to save more and min taxes

Originally posted on Holistic Financial Plan Lifetime Retirement Income:

Ask your payroll if you can split your income to W2 (base) and 1099 (extra) to allow your 1099 income into a C corp for max savings and min income taxes.

Working for a hospital allowing you to do a 1099 can save you more in income taxes and increase your savings.

With VA doctors, payroll will not let you split your income but do ask them anyway.

Combination of W2 and 1099, allows you to have more healthcare deductible benefits.

Use your corporation to write off more of your expenses.

———–

We can work with your payroll dept and CPA to allow you to save more and min income taxes. Contact Connie Dello Buono, financial planner for doctors , 408-854-1883 motherhealth@gmail.com

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C corporation for the practice

Originally posted on Holistic Financial Plan Lifetime Retirement Income:

C corporation can be the right choice for many small entities because of the deductions it allows.

A C corporation enjoys a full deduction for the cost of employees (including owner employees) health insurance, group term life insurance up to $50k per employee and even long-term care premiums without regard to age-based limitations.

A C corporation can also deduct the costs of a medical reimbursement plan.

Lower Tax Rates for C Corporations

C corporations enjoy their own graduated rates.

Best of both worlds

Many medical practices can take advantage of both the C corp and S corp by setting up two distinct entities to operate different aspects of their practice. The S corp can be used for the operating side of the practice while the C corp can be used for the management functions. In this way, the medical practice as a whole can take advantage of both the tax…

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