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by chimeracoder 3137 days ago
> Actually $250,000 is the net salary after all expenses

It's not. The article says that, but it's flat out wrong - even the source that the article links contradicts this claim.

> For employed physicians, patient-care compensation includes salary, bonus, and profit-sharing contributions. For partners, this includes earnings after taxes and deductible business expenses but before income tax.

The author of the article clearly doesn't know that "deductible business expenses" covers only a tiny fraction of the business expenses that physicians are expected to pay - most are not deductible.

1 comments

What business expenses are not deductible?
deductible != credit

A 100k expenses does not translate to 100k of tax savings.