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Doing the Income Tax Math It doesn't take an advanced degree in mathematics or accounting to know that the more money you make, the more taxes you pay. What might surprise you is where you stand on the income scale and how many of the country's income tax dollars come out of your pocket. According to recent statistics from the IRS, taxpayers in the upper tax brackets pay a surprisingly large percentage of the personal income tax tab. |
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Don’t Learn the Wrong Lessons The current financial crisis gripping U.S. and world markets has many causes, and it will have repercussions for years and across too many financial sectors to list. For private investors, it's important to look beyond the current headlines to the underlying factors that have contributed to the crisis. |
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Physician's Money Digest provides physicians with
a regular, practical, and convenient resource for personal
finance and investment information that they can understand
and apply to their everyday lives - thereby gaining personal
economic empowerment and financial literacy.
Click here to access archived issues of PMD.
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Floating Above the Crowd
It's been an interesting year so far for bond investors. With interest rates plummeting and risk-averse investors flocking to fixed-income instruments, some bonds—particularly short-term Treasuries and agencies—have provided solid overall returns despite extremely low yields. |
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Selling losing investments can cut your taxes while boosting your portfolio This year's down market has an upside. By selling losers, you can reduce your taxes, prune away unwanted securities, and reposition "tax-ugly" investments. |
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The Emotional Side of a Disability Claim Over the past 12 years, I have provided advice to many physicians in connection with their disability claims. Often there are secondary depressionary factors as a result of physical symptoms. |
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Donna Weinstock |
| MD Office Management |
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Record Management & Retention
A business acquaintance was having a problem with storage. That led us to a discussion of record management and retention. |
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Shirley M. Mueller, MD |
| My Money MD |
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Investment Options for the Ultra Affluent
Real wealth used to start at $1 million in liquid assets. Now, it starts at $2 million, according to a recent WSJ article.* Everything is getting more expensive, even being classified as wealthy. |
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Yvonne Mart Fox |
| Fox Tales |
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Do you have a Practice Plan?
My most successful clients call me in several times during their careers, particularly when they are planning major changes. |
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