033 – That 1099 vs W2 Life with Dave Denniston

That 1099 vs W2 Life with Dave Denniston
That 1099 vs W2 Life with Dave Denniston

My next guest is Dave Denniston who is a Chartered Financial Analyst that works with physicians. He also is a fellow podcaster and hosts the Freedom Formula for Physicians Podcast. I am definitely a fan of the podcast and this is due to his knowledge, consistency, and genuineness. The show covers a wide range of relevant topics to docs including student loan debt, burnout, and reducing tax burden.

I brought him on the show to talk about how the Docs Outside the Box Nation can learn to manage taxes more efficiently. Don’t dismiss this podcast – you’ll going to learn a lot from this interview. This is a very important subject especially if you plan on living outside the box, which is quite different than a W2 situation.

Dave is also an author of four books that you can find on Amazon.com right now:

Things you’ll learn in this episode:

  • Dave shares his touching personal story as to why he works with doctors
  • Compare and contrast W2 vs 1099
  • Is there a risk to being an independent contract and the public service loan forgiveness program
  • What’s the difference between a LLC and a S corporation
  • How tax deductions help business owners
  • Common tax deductions that he sees physicians miss all the time

 

Disclaimer: ***Please see your Tax CPA before taking this advice***

 

Links talked about during the show:

7 Financial Lessons from The Doc Outside the Box

https://empireflippers.com/podcasts/

http://webequityshow.com/

https://itunes.apple.com/us/podcast/empire-podcast-buying-selling-websites-investing-in/id476852137?mt=2

https://itunes.apple.com/us/podcast/web-equity-show-justin-cooke/id1022624233?mt=2

 

If you enjoy the show please be sure to review this podcast episode on Apple Podcasts – I would so appreciate it….plus I read all the reviews on the show!

Please subscribe for future great episodes!!!

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Check out our sponsor Set for Life Insurance: www.setforlifeinsurance.com

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