Physicians spend many years studying and training
to take care of their patients. Once they enter into practice, however,
they also become business owners, and face intense challenges such as
rising costs, shortages of qualified personnel and shrinking insurance
reimbursements. All these factors take time away from patients.
Our firm offers accounting and tax services that
allow physicians to focus on their domain expertise and still be in a
position to maximize profitability by having access to timely
information that is essential for financial well-being.
The structure and discipline offered by the
services of an accountant, provides a level of information that is
necessary for any business to monitor its performance. Without a good
accountant, a business is at a competitive disadvantage. Ariail,
Catrakilis &Company ensures a correct business focus
by providing financial information in a timely and accurate manner. We
act as a sounding board and provide constructive solutions for
improving profitability and efficiency.
Self-employment taxes can also
be a problem for physicians. The standard response is to form an
S-Corp, but that is not always the best option for high-earning
individuals. A thorough review can identify alternative planning tools.
Contact either Harry Catrakilis (harryc@cpaofgeorgia.com) or Don Ariail (donalda@cpaofgeorgia.com)
at 770-495-9077 to set up an initial consultation to evaluate your tax,
accounting, and general business needs. Meaningful, well-organized
financial records ensure that business operations run more efficiently
on a daily basis and lead to profitability and growth.
