by myvault | Sep 18, 2025 | Accounting & Bookkeeping, Business Planning, Entrepreneurship, Tax Planning
Running your own practice as a 1099 physician or physician assistant means you carry full responsibility for both patient care and financial performance. Unlike employed positions, your income, expenses, and long-term stability depend on how well you track and manage...
by myvault | Sep 15, 2025 | Entity Planning, Tax Compliance, Tax Planning, Taxes
What is the QBI Deduction? The Qualified Business Income (QBI) deduction, created by the Tax Cuts and Jobs Act (TCJA), allows eligible taxpayers to deduct up to 20% of qualified business income from pass-through entities (sole proprietorships, partnerships, S...
by myvault | Sep 12, 2025 | Entity Planning, Entrepreneurship, Tax Compliance, Tax Planning, Taxes
Owning a nurse practitioner business brings both independence and responsibility, especially when it comes to managing taxes. The right strategies can help you keep more of what you earn while staying compliant with tax laws. Effective tax planning allows you to...
by myvault | Sep 5, 2025 | Business Planning, Business Valuation, Entrepreneurship, Industry Trends
As more nurse practitioners (NPs) open and grow their own practices, questions about practice valuation are becoming increasingly common. Whether you’re thinking about selling, bringing on a partner, or simply planning for the future, understanding how to value your...
by myvault | Sep 1, 2025 | Business Planning, Business Valuation, Entrepreneurship
Running a medical practice today means balancing rising costs, tighter reimbursements, and increasing administrative demands. You want to deliver excellent care while keeping your business financially strong, but cutting corners on patient experience is not an...
