Profit Solutions — Tax Services for Physicians

The Problem

The Physicians Tax Problem

Your current setup probably looks like this. It's not bad—it's just fragmented.

Your Bookkeeper

Tracks practice income and expenses
Doesn't understand W-2 vs distribution optimization
Doesn't know you own rental properties
Doesn't coordinate with your CPA

Your CPA

Files your return once a year
Never sees your monthly practice P&L
Doesn't know about real estate depreciation
Can't plan proactively (hourly billing)

You

Working 60+ hour weeks
Reconciling bookkeeping at 3am
Coordinating between bookkeeper and CPA
Nobody helping you plan ahead

The Cost

This Fragmentation Costs Physicians:

$18K-$32K/year

For practices earning $150K-$400K profit. $300K-$600K/year for physicians earning $400K+ household income.

Integration

What Integration Catches for Physicians

DR Dr. Michael Chen
Anesthesiologist, Houston, TX

"My previous CPA was great at filing on time. I had no complaints. Then Profit Solutions found $284K in retirement contributions I was missing and another $168K through cost segregation on my rental properties. In one year, he found more than I paid my old CPA in 15 years."

$337,000First Year Tax Savings

Opportunities

What Your Current Setup Is Missing

W-2 vs Distribution Optimization

Why it's missed: Your bookkeeper tracks practice income. Your CPA files the return. Nobody's analyzing optimal W-2 amount vs S-Corp distributions to minimize FICA while maximizing retirement contributions.

With integration, bookkeeper sees monthly profit → planner calculates optimal W-2 → preparer implements it.

Potential savings: $8K-$28K/year

Real Estate Depreciation Coordination

Why it's missed: Your CPA takes straight-line depreciation on rentals. Never asks about cost segregation. Doesn't coordinate rental property depreciation with practice income to offset taxes.

With integration, we run cost seg studies and coordinate timing with practice income.

Potential savings: $40K-$180K (one-time)

Retirement Maximization

Why it's missed: Your CPA asks "what did you contribute?" Takes your number. Never analyzes if defined benefit plan could get you to $200K-$320K contributions vs $23K 401(k) limit.

With integration, we analyze profit levels and implement highest contribution strategies.

Potential savings: $60K-$120K/year

Management Company Structure

Why it's missed: If you're W-2 employed, your CPA might not suggest a management company to capture side income, speaking fees, or consulting at lower FICA rates.

With integration, we structure entities to capture all income streams optimally.

Potential savings: $12K-$35K/year

Augusta Rule (Home Office)

Why it's missed: Most CPAs don't think to rent your home to your practice for meetings. Up to $20K annually tax-free under the Augusta Rule.

With integration, we document legitimate business use and implement the Augusta Rule strategy.

Potential savings: $7K-$14K/year

Family Employment

Why it's missed: Your CPA doesn't know your spouse helps with scheduling or admin. Could be employed with retirement benefits and income shifting.

With integration, bookkeeper sees operations → planner structures family employment → preparer implements.

Potential savings: $8K-$22K/year

Services