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3 Tips for Moonlighting Physicians, Ep #9

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Manage episode 429025571 series 3563386
Content provided by Chad Chubb and Tyler Olson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chad Chubb and Tyler Olson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Why would a physician consider a side gig? If you’re still in training, you can go from making $15 an hour to 6-8x that. Someone who’s completed training may take on work to supplement their income.

Moonlighting could look like anything from expert witness testimony work to medical record reviews. Whatever the dollar amount is, you have to remember you’ll have to set money aside for taxes. If you don’t plan for taxes at the outset, you’ll end up with a large tax bill.

What else do you need to know before you start moonlighting? We cover three important topics in this episode of Physician Cents.

You will want to hear this episode if you are interested in...
  • Tip #1: Do some tax planning[1:23]
  • Tip #2: Consider your investment opportunities [12:58]
  • Tip #3: Consider additional insurance [19:47]
Resources & People Mentioned Connect With Physician Cents

Subscribe to Physician Cents

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Audio Production and Show Notes by - PODCAST FAST TRACK

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31 episodes

Artwork
iconShare
 
Manage episode 429025571 series 3563386
Content provided by Chad Chubb and Tyler Olson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chad Chubb and Tyler Olson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Why would a physician consider a side gig? If you’re still in training, you can go from making $15 an hour to 6-8x that. Someone who’s completed training may take on work to supplement their income.

Moonlighting could look like anything from expert witness testimony work to medical record reviews. Whatever the dollar amount is, you have to remember you’ll have to set money aside for taxes. If you don’t plan for taxes at the outset, you’ll end up with a large tax bill.

What else do you need to know before you start moonlighting? We cover three important topics in this episode of Physician Cents.

You will want to hear this episode if you are interested in...
  • Tip #1: Do some tax planning[1:23]
  • Tip #2: Consider your investment opportunities [12:58]
  • Tip #3: Consider additional insurance [19:47]
Resources & People Mentioned Connect With Physician Cents

Subscribe to Physician Cents

Apple Podcasts

Audio Production and Show Notes by - PODCAST FAST TRACK

  continue reading

31 episodes

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