Sometimes paying taxes is actually a good sign—your practice made a profit. But too many healthcare owners fall into “write-off mode” and make expensive moves that destroy cash flow (hello, “buy a truck in December”).

In this episode, Eric Miller sits down with Julie Herres (Founder/CEO, GreenOak Accounting) to break down tax planning for healthcare practice owners—without the gimmicks.

You’ll learn:

- Why “avoiding taxes” can be a bad business decision

- The difference between tax deductions vs. real savings

- The biggest money leaks crushing margins (payroll, space, scaling too soon)

- Why practice owners need monthly or quarterly CPA check-ins

- Smart, practical year-end moves that don’t wreck liquidity

If cash flow is getting tight and you want to keep more of what you earn—this is the playbook.

CHAPTERS:

00:00 - Intro

01:25 - Julie Harris Introduction

05:28 - Money Leaks: Clinician Compensation

10:45 - Efficient Space Utilization

13:18 - Myth: Growing Out of Financial Problems

17:25 - Financial Reserves: How Much is Enough?

22:13 - Building a Strong CPA Relationship

26:30 - Year-Round Tax Planning Strategies

28:01 - Benefits of Paying Taxes

30:38 - Documenting Payments to Your Children

35:43 - Understanding the Augusta Loophole

37:04 - Contacting Julie Harris

37:39 - Outro

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