The Story:
A pediatrician was not only seeking tax savings but also wanted to expand their practice and hit specific financial milestones.
Tax Situation Overview:
- Annual Income: $850,000
- Cash Flow Recovery Number: $650,000
- Estimated Annual Tax Savings: $260,000
The Strategy:
Terra Firma’s tax experts reduced the pediatrician’s tax burden, while our coaching program helped them scale their practice by improving patient acquisition strategies. We also provided guidance on investment opportunities and helped them set and achieve their financial milestones.
The Outcome:
The pediatrician saved $260,000 in taxes annually and achieved their goal of expanding the practice by 25%. With Terra Firma’s guidance, they also hit key financial milestones, including increasing their retirement savings and securing high-return investment opportunities.
