Taxes & deductions – don’t overpay

Presented by WisMed Assure and the Wisconsin Medical Society Foundation

Guest: Rufus Sweeney, third year medical student at UW School of Medicine and Public Health

You can significantly impact your finances with just some strategic tax planning.

In this tenth podcast in this series presented by WisMed Assure and the Wisconsin Medical Society Foundation, medical student Rufus Sweeney and former Wisconsin Medical Society COO Peter Welch discuss how to avoid overpaying income tax. They explain why it is important for you to understand the difference between marginal and effective tax rate and this single piece of knowledge can save you hundreds of thousands of dollars over the course of your career.

Resources:
White Coat Investor® – Tax Strategists
Physicians Practice® – 5 critical tax planning strategies for physicians