David Mandell

3 weeks ago | healio.com | Sanjeev Bhatia |David Mandell |Bob Peelman

Key takeaways:Provisions in the SECURE 2.0 Act allow individuals to make super catch-up contributions to their retirement plans. Individuals aged 60 to 63 years can participate in these higher catch-up contributions. Reaching a comfortable retirement is the number one financial goal for nearly all physicians. To that end, qualified retirement plans can play a major role. Any new opportunity in qualified retirement planning is noteworthy for all doctors, especially for those nearing retirement.

1 month ago | dermatologytimes.com | David Mandell |Carole Foos

With the results of the 2024 election, the Republicans now control Congress and the White House and have promised significant tax changes in their public statements. Of course, no one knows exactly what changes, if any, will be enacted until proposals are officially made, votes are tallied, and the president has signed any new tax rules into law.

1 month ago | energycentral.com | David Mandell

As the demand for energy-efficient and sustainable lighting solutions grows, Direct Current (DC) lighting is emerging as a superior alternative to traditional Alternating Current (AC) systems. DC lighting systems operate on a simple and streamlined electrical infrastructure, offering multiple benefits for both installers and end-users.

1 month ago | healio.com | Sanjeev Bhatia |David Mandell |Carole Foos

Orthopedists, like all physicians, typically have tax reduction and long-term wealth accumulation at the top of their financial objectives. The strategy of tax diversification is valuable to achieve both goals and is a concept that Carole C. Foos, CPA, and David B. Mandell, JD, MBA, have presented for more than 20 years to doctors across the United States. In early 2025, we want to revisit this tactic and highlight its importance for physicians and other high-income earners.

1 month ago | healio.com | Sanjeev Bhatia |David Mandell |Carole Foos |Gina Brockenbrough

Key takeaways: It is important for physicians to diversify their wealth according to tax rate exposure. Diversification across tax buckets puts one in a position of strength and provides options for withdrawing income. Physicians typically have tax reduction and long-term wealth accumulation at the top of their financial objectives. The strategy of tax diversification is valuable to achieve both goals and is a concept that Carole C. Foos, CPA, and David B.