Physician tax planning FAQ

Turner Tax Advisors is a virtual tax advisory firm that helps physicians earning $600,000 or more maximize wealth while strategically minimizing taxes. Clients get a year-round Dedicated Tax Advisor, IRS-compliant strategies tailored to their goals, help implementing them, and their business and personal tax returns filed, all under one Annual Plan.

Turner Tax Advisors works with physicians earning $600,000 or more per year, whether they are W-2 employees or own their own practice or medical business. The firm is built for physicians whose tax bill is their biggest yearly expense and whose current CPA files returns but does not plan ahead during the year.

Turner Tax Advisors works with physicians earning at least $600,000 per year. Physicians below that income are not a fit for the tax advisory program, because the strategies and year-round service are designed for high-income situations where planning can make a meaningful difference. Physicians near the threshold can still reach out to check.

Turner Tax Advisors provides a custom quote after reviewing each physician’s financial information, so there is no one-size price. The Annual Plan fee covers a Dedicated Tax Advisor, financial reviews, strategy implementation, and tax filing. Physicians see their Annual Plan options on the Results Call, after the Tax Strategy Assessment and before committing.

The Turner Tax Advisors process has four steps. Physicians fill out a short qualifying form and book a free 30-minute Discovery Call. Good-fit physicians then complete a paid Tax Strategy Assessment, and on the Results Call, Turner Tax Advisors presents recommended strategies and Annual Plan options.

After a physician fills out the Turner Tax Advisors form, qualified physicians go straight to Eliisa Turner’s calendar to book a free 30-minute Discovery Call. After booking, a confirmation page explains what to expect on the call.

Eliisa Turner, founder of Turner Tax Advisors, is an Enrolled Agent (EA), a federal credential that authorizes her to represent taxpayers before the Internal Revenue Service in all 50 states. She holds a master’s degree in accountancy with a tax emphasis from Brigham Young University and has worked in tax since 1999.

Yes. Turner Tax Advisors is a virtual firm that works with physicians across the United States. There is no office visit required. Meetings happen by Zoom, and Eliisa Turner’s Enrolled Agent credential is federal, so it is not limited to one state. Physicians in any state can start with the online qualifying form.

Yes. Turner Tax Advisors takes on new physician clients at any time of year and works to make the transition feel seamless. Any time is a good time to move from a preparer who only files to a year-round plan, although starting earlier leaves more of the year to put strategies in place.

Turner Tax Advisors plans ahead all year, while many CPAs mainly prepare and file returns after the year ends. Physicians get a Dedicated Tax Advisor, a full review of their financial picture, and help implementing IRS-compliant strategies. Clients say the biggest difference is being listened to and finally understanding what their numbers mean.

No. Tax preparation and tax planning are different services, and confusing them is the most common myth Turner Tax Advisors hears. Tax preparation reports last year’s numbers to the IRS. Tax planning looks ahead and uses IRS-compliant strategies to change this year’s numbers before the year ends, when there is still time to act.

Yes. Turner Tax Advisors works with physicians who own one or more businesses and reviews every business alongside their personal taxes. Recommendations are based on the whole picture, so a strategy that helps one entity does not create a problem somewhere else. Physicians with complex or unique situations are a regular part of the practice.

Not yet. Turner Tax Advisors’ tax advisory program is for physicians earning $600,000 or more per year, so residents and most early-career physicians are not a fit. Physicians who expect to cross that income level soon are welcome to join the email list and reach out once their income reaches the threshold.

Yes. Turner Tax Advisors helps physicians who feel behind or stressed about their taxes. If business books need cleanup, the firm’s accounting division, Turner Tax & Accounting, provides bookkeeping and payroll, so the numbers are right before strategy work starts. Physicians do not need to have everything organized before the first call.

No. Turner Tax Advisors does not guarantee any savings amount, refund, or IRS outcome, because every physician’s situation is different. What the firm does promise is a full review of the physician’s picture, IRS-compliant strategies that fit their goals, and a Dedicated Tax Advisor who helps implement them all year.