Posts Tagged ‘taxes’
Taxes: DIY or Hire?
Tax season is usually focused on one thing- am I getting a refund, and if so, how big is it going to be? According to the latest numbers, $452 billion in tax refunds were issued for fiscal year 2019. That’s a LOT of money. Even when people understand that this was a result of overpaying…
Read MoreThe CARES Act: What Veterinarians Need to Know from a Personal Finance Perspective
On March 27, 2020, the record-breaking $2+ trillion stimulus package (CARES Act- Coronavirus Aid, Relief, and Economic Security Act) was signed into law. This is in addition to the Families First Coronavirus Response Act (FFRCA) that was passed earlier in the month. Here are some of the highlights that will help you, the veterinarian, as…
Read MoreCombining Finances: A Rite of Passage (Part 2)
As seen in Part 1, how you choose to combine your finances is a very personal decision between you and your partner. There are a host of factors that determine the best method. For those who have already combined finances, what worked earlier in the relationship is not guaranteed to stay that way as the…
Read MorePrivate Practice versus Academia- Looking At the Numbers
This guest post was submitted by The Vetducator, a veterinary professor with more than 20 years’ experience in academia. He has served as a section chief, department chair, director of the internship selection committee, and on numerous faculty search committees. He reads extensively on financial topics, notably the blogs Mr. Money Mustache, White Coat Investor,…
Read MoreThe Power of Stretching the Dollar Using Geographic Arbitrage
The Power of Stretching the Dollar Using Geographic Arbitrage
Read MoreThe IRA- A Retirement Account For (Almost) Everyone
Back when I first started putting money away in my IRA (individual retirement arrangement), I didn’t appreciate the fact that I could even open one. To be honest, I only opened one because I was highly encouraged to do so by Mr. RLDVM. It was a reluctant choice. I was more worried about cash flow,…
Read MoreWhat is a 401(k)? My Financial Mistake #2, Expanded
I wanted to devote this post to my Financial Mistake #2. You can check out my other four financial mistakes in this post. I was a fresh new veterinary school graduate in my mid-20’s. I was nearly $120,000 in debt from my student loans. I had zero knowledge about retirement or retirement planning. This is…
Read MoreAVMA Webinar Review- Refresher On Adulting: Personal Finances
I recently attended a webinar hosted by the AVMA. With a title like “Refresher on Adulting: Personal Finances,” how could I not jump at the chance? (By the way, that was not meant to be said with a hint of sarcasm. I really, truly jumped at the chance to see what this webinar was all…
Read More10 Tips For Veterinarians Paying Back Over $100,000 In Student Debt
(Editor’s note: I am excited to introduce my first guest post, Travis Hornsby of Student Loan Planner! He was inspired to start his business after seeing the difficulties of student loan repayment first-hand with his physician wife. He has been featured on multiple podcasts and blogs, and it is evident that he has a passion…
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