News Summary

• An equity ownership physician is a physician who owns their own practice.
• This ownership can take several forms, ranging from sole owner of a clinic to buy-in partner of an established practice.
• Managing employees, rent, inventory, PPE, marketing, and all the other overhead expenses is both an art and a science.
• Owning a business, structuring it properly, and careful planning can put a physician practice owner in the driver’s seat over their taxes.
• There is no magic button to reduce taxes.