March 1, 2018

Trump’s Tax Act: What It Means for a Physician’s Bottom Line

PYA Consulting Manager Kathryn Culver was recently published in Becker’s Hospital Review. Culver’s article, “Trump’s Tax Act: What It Means for a Physician’s Bottom Line,” examines the impact the Qualified Business Income deduction, a provision in the Tax Cuts and Jobs Act, could have on a physician’s income.

Article Excerpt:

“While many provisions of the new Tax Cuts and Jobs Act overhaul the United States’ tax code, one in particular has potential direct implications for a physician’s bottom line. Specifically, the Section 199A deduction, also known as the Qualified Business Income deduction… provides a new deduction of up to 20% for pass-through entities’ qualified net income.”

Becker’s Hospital Review features up-to-date information and legal news and analysis for leaders in the healthcare industry. Read the full article here.

If you would like more information about the new tax law and its implications, or would like to request a speaker on this topic for your organization or event, contact one of our PYA executives below at (800) 270-9629.

 

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