Welcome to The Locum CPA podcast, your go-to resource for tax strategies, financial planning, and business insights tailored specifically for locum tenens healthcare professionals.

Navigating the financial side of locum work can be overwhelming. Between multiple assignments, varying state tax filings, self-employment considerations, and retirement planning, you need guidance from someone who truly understands the unique challenges of locum tenens life. That's exactly what this show delivers, practical, no-nonsense advice from a CPA who specializes in working with locum providers.

Each episode breaks down real-world tax scenarios, money-saving strategies, and financial best practices to help you keep more of what you earn, stay compliant, and build long-term wealth, all without the jargon and confusion.

Book a one-on-one appointment:

https://thelocumcpa.com/book-appointment/?utm_source=podcast

Read the CPA's Guide to Locum Tenens:

https://thelocumcpa.com/cpas-guide-to-locum-tenens/?utm_source=podcast

New episodes drop regularly. Subscribe so you never miss one, and have a question or topic you'd like covered? Reach out, this podcast is built around what you need to know.

If you're a 1099 physician earning $350,000 or more, tax deductions are only the beginning. The real opportunity is in how your entire tax structure works together, your entity, your S-Corp salary, your retirement plan, your quarterly estimated payments, your state tax footprint, and how money actually flows through your business.

Hosted by Stephen Lee, CPA and founder of The Locum CPA, this show is built specifically for high-income self-employed and locum tenens physicians who want a proactive tax strategy, not just a tax return prepared after the year is already over.

Each episode breaks down the key pillars of a real tax plan:

• Income structure, understanding how you get paid, from one locums company or five, with or without W2 or K1 income

• Entity selection, LLC vs. S-Corp, and why your tax classification matters more than your legal structure

• S-Corp evaluation, reasonable compensation rules, payroll tax savings, and when the administrative cost is worth it

• Retirement planning, solo 401(k), advanced plans, and how your retirement strategy ties back to your entity and salary

• Tax cash flow systems, reserving for taxes, covering expenses, and making owner distributions intentional instead of guessing

• Multi-state tax, filing and planning across states where you live, work, and earn income

• Clean reimbursements, separating personal and business expenses for stronger substantiation

• Year-round planning, adjusting salary, estimated taxes, and retirement contributions as your income changes throughout the year

Because none of these decisions should be made in isolation. Your salary affects your payroll. Your payroll affects your retirement strategy. Your entity affects your administration. Your state footprint affects your liability. It all needs to work together, and that's what a tax plan actually is.

🔗 Book a complimentary discovery call with Stephen: https://thelocumcpa.com/book-appointment/?utm_source=podcast

🔗 Read the CPA's Guide to Locum Tenens: https://thelocumcpa.com/cpas-guide-to-locum-tenens/?utm_source=podcast

New episodes weekly. Subscribe so you don't miss a strategy.

If you're a 1099 physician earning $350K or more, you've probably heard advice like "just write it off" or "put the car through the business." But that's not how the tax code actually works. In this episode, CPA Stephen Lee, founder of The Locum CPA, breaks down what self-employed physicians can legitimately deduct, what usually isn't deductible, and the gray areas where physicians get into trouble.

We cover:

• Professional expenses (licensing, malpractice, CME, board certification)
• Technology and equipment — business vs. personal use
• Vehicle deductions and the commuting rules that trip people up
• Travel expenses and why your "tax home" matters for locum physicians
• Home office deductions, meals, and entertainment
• Health insurance and retirement planning strategies
• Why maximizing deductions isn't where the biggest tax planning opportunities are for high-income earners

The difference between good tax planning and aggressive tax behavior comes down to one question: Is this genuinely connected to your business? Stephen explains how to think like a business owner, not just a high earner chasing write-offs.

📅 Book a complimentary discovery call with The Locum CPA:

https://thelocumcpa.com/book-appointment/?utm_source=podcast

📘 Read The CPA's Guide to Locum Tenens:

https://thelocumcpa.com/cpas-guide-to-locum-tenens/?utm_source=podcast