The Story:
A dermatologist was facing rising operational costs and a high tax burden. They were looking for a complete solution to reduce taxes, manage cash flow, and access better investment opportunities.
Tax Situation Overview:
- Annual Income: $1,200,000
- Cash Flow Recovery Number: $800,000
- Estimated Annual Tax Savings: $320,000
The Strategy:
Terra Firma’s tax experts reduced the dermatologist’s tax burden and helped streamline their cash flow. Our executive coach worked with them on practice management and cutting down unnecessary expenses. Additionally, our investment team provided access to exclusive investment opportunities.
The Outcome:
The dermatologist saved $320,000 annually and reinvested these funds into high-yield investments. Our coaching advice resulted in a 15% reduction in operational costs, and the streamlined financial management services under one roof provided peace of mind and better control over their finances.
