Entity matters. Financial consequences of entity selection for the physician-owned practice.
When a physician-owned medical practice selects a legal structure, it also opts for a set of tax attributes that can have a significant impact on operations and financial decision-making. Whether forming a new practice, contemplating a merger or simply dealing with the tax and operational issues of their current situation, practice executives and physician owners need to understand the tax and financial implications of the different entities.
Pathology Associates of Alabama PC, Birmingham, USA. leeann@pathassoc.com
Lee Ann H
LA
Webster
Bruce C
BC
Webster
D005376:Financial Management / Q000331:legislation & jurisprudence; D006123:Group Practice / Q000191:economics / Q000331:legislation & jurisprudence; D016365:Liability, Legal; D010067:Ownership / Q000145:classification / Q000191:economics / Q000331:legislation & jurisprudence*; D020399:Practice Management / Q000191:economics* / Q000331:legislation & jurisprudence*; D011331:Private Practice / Q000191:economics / Q000331:legislation & jurisprudence; D011362:Professional Corporations / Q000191:economics / Q000331:legislation & jurisprudence; D013660:Taxes / Q000331:legislation & jurisprudence*; D014481:United States