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Day of (Tax) Reckoning

By Lisa M. Bundy, M.D. | on March 1, 2012 | 0 Comment
Opinion
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“Pay?” Art said. “Oh, no, we’re talking refund – over $10,000, and I haven’t finished yet.” You see, he asked for my previous 3 years of returns to recheck them.

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ACEP News: Vol 31 – No 03 – March 2012

Apparently my previous accountant hadn’t been taking into account the depreciation of the moneypit house in Florida, as well as some other things.

Now here’s a question: Why don’t they teach things like this in medical school? In residency? In high school, for Pete’s sake!

All you newbies out there, my accountant’s fee is the best money I spend every month. My taxes are paid, my expenses are recorded, and I don’t have to worry about any surprises come April.

I suppose the moral of this story is that if you’re not astute at keeping track of finances, get somebody who is. You can pay for a good accountant, or you can pay for it in penalties, fees, and the Ativan you may swallow come the 15th of next month. Ativan may be nice and all, but I’m putting my money into my accountant.


Dr. Bundy is an attending physician at ERMed, LLC, in Montgomery, Ala., and a former photojournalist, who not only sings in the car, but talks to herself, is addicted to diet drinks and shoes, and thinks emergency medicine is the greatest specialty.

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Topics: Adventures of a Rookie DocCareer DevelopmentEducationEmergency MedicineEmergency PhysicianPersonal FinanceResident

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