If you're a physician, you know that your financial world is different from the rest of the world. That's why, at PIASCIK, we provide an array of specialized financial services on both a business and an individual level to medical practices and healthcare providers. Our expertise in working in this specialized area enables us to offer strategies and value-added services designed to help you profitably manage the business side of your practice.

Our Financial Services for Medical Practices Include:

 

  • Practice Formation and Organization Strategies
  • Federal, State and Local Tax Minimization Strategies
  • Owner/Officer Compensation Strategies
  • Equipment Acquisition Analysis
  • Tax Credit Strategies
  • Optimizing Qualified Business Income Deduction
  • Structuring and Negotiating Shareholder, Officer and Associate Agreements
  • Cash Flow and Budgeting
  • Compilations and Reviewed Financial Statement Issuances
  • Mergers, Acquisitions and Sales of Medical Practices

 

Case Study
Medical / Physicians

How One Medical Practice Saved Over $25,000.

After being completely frustrated with the client service delivered by other tax and business advisors, a client with a medical practice came to PIASCIK. Our associates conducted an extensive review of his two-office practice, then reorganized his professional advisor team and brought in bankers, attorneys and payroll advisors. This new advisor team's recommendations resulted in the client meeting and exceeding all of his professional, financial and personal goals. One goal was to reduce his annual federal and state tax liability -- and PIASCIK certainly did so, reducing his tax liability by more than $25,000 per year by implementing only a few of the tax minimization strategies we routinely perform for our high-wealth clients.

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