In filing hundreds of tax returns every year for ER Docs, roughly 50% of our 1099 earners take advantage of a particular deduction. Talks are in the works that would not only make this deduction more lucrative for these clients, but expand it to what we estimate to be roughly 90% of ER Docs. We’re talking tens of thousands of dollars of potential savings.

So in this episode, we break down what that specific deduction is and how it may impact you. As we always mention: if you have the chance to earn 1099 income, do it. This is yet another reason supporting our stance.