The doctor claimed that she paid herself a salary of 20,000 a year but she did not say whether her business made a profit and how much it was. Very often a subchapter S corp will pay a small salary to avoid a large social security payment which is based on the salary.
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I am a surgeon in California, age 40.I currently have personally witnessed the decline of education, motivation, and quality in... [MORE]
James
Nov 11, 2006 18:47
Interesting comparison to hairstylists...
1) While the physician and the hairstylist are compensated equivalently for their 15 minutes does the hairstylist... [MORE]
Kenneth P. Cheng, MD
Nov 8, 2006 17:13
While few physicians are as hurting as the one making $20,000, and why does not make sense. If they do... [MORE]
REG
Nov 8, 2006 07:34
My dad is a 70 year old, Ivy League educated, Manhattan based MD (specialist) at the top of his field,... [MORE]
Obio
Nov 7, 2006 18:33
The doctor claimed that she paid herself a salary of 20,000 a year but she did not say whether her...