Kenny Kim, MD, MS Tax, EA

Kenny Kim, MD, MS Tax, EA Tax Strategist for Physicians | Helping Doctors Pay Less Tax | Linktr.ee/drtaxtor

Don't be like Dr. Gambhir. She lost to the IRS.Here's what she did and how she got into trouble.⚠️ She set up a real hom...
06/04/2026

Don't be like Dr. Gambhir. She lost to the IRS.
Here's what she did and how she got into trouble.

⚠️ She set up a real home office. Kept her receipts. Filed her return. Believed she was doing everything right.

Then the IRS said no. And every single deduction collapsed.

Dr. Gambhir was a hospitalist. Got a W-2 every year. But filed a Schedule C — like she was self-employed. Deducted her car, her cellphone, her scrubs, her 850 sq ft basement home office, her cleaning lady.

$14,000 in deductions. All of it disallowed.

Here's the part that should scare every employed physician:

She wasn't committing fraud. She wasn't being aggressive. She just put the IV in the wrong arm — and watched everything cascade from there.

W-2 vs. 1099. Home office rules. The commuting trap. It's all in episode 4 of Doc vs IRS. 🎥

👉 [YouTube link in the comment section]

If you want us to review your specific situation: https://linktr.ee/drtaxtor

06/03/2026

How Physicians Use Section 121 to Exclude Up to $500K.

06/02/2026

100% bonus depreciation is back — and this time it's permanent. Practice owners, this is a big deal. 🏥💊

Under the One Big Beautiful Bill Act, qualifying property placed in service after January 19, 2025 may be fully deducted in year one. A $300,000 CT scanner? That's $111,000 back in federal taxes at the 37% bracket. One purchase. One year.

But here's what social media leaves out:

⚠️ California doesn't follow federal bonus depreciation. Know your state rules.
⚠️ Bonus depreciation is automatic — if your income is unusually low this year, a massive automatic deduction could waste valuable savings. Sometimes a deduction tomorrow is worth more than a deduction today.

Timing the deduction correctly matters as much as taking it.🩺

Doctor, dentist, or healthcare professional ready to time your deductions right? Grab your free consultation today.
🔗 linktr.ee/drtaxtor

06/01/2026

The IRS assumes everything is taxable — and most physicians don't know how to fight back. 💊
IRC §61 is the IRS's starting point: all income, from whatever source, is fair game. But here's what changes everything — Congress wrote in specific exclusions. Up to $500K tax-free on your home sale. Tax-free life insurance proceeds. The game isn't about hiding income. It's about knowing every legal exit in the code.
Most doctors spend decades earning at the highest rates. The ones who win? They master the exclusions.
💉 Are you a doctor, dentist, or healthcare professional ready to stop overpaying the IRS? Grab your free consultation and let's build your tax plan.
🔗 linktr.ee/drtaxtor

05/31/2026

How Physicians Give More to Charity and Pay Less in Capital Gains: Three Trust-Based Strategies

05/30/2026

Deferral Strategies Every Physician Should Know: Four Ways to Control When the IRS Gets Paid.

05/29/2026

Three Mistakes Physicians Make on 1031 Exchanges: And How Each One Triggers a Massive Tax Bill.

05/28/2026

"The Death Strategy": How Physicians Eliminate Millions in Capital Gains by Doing Nothing.

05/28/2026

Did you know you can rent your home to your own medical practice — completely tax-free — for up to 14 days a year? It's called the Augusta Rule (Section 280A(g)), and it's one of the most underused strategies in physician tax planning.
Here's the math: at $1,000/day over 14 days, that's $14,000 in tax-free income to you and a $14,000 deduction for your practice. For a physician in the 37% bracket, the combined benefit can be worth $5,000+ per year. Dr. Taxtor walks you through exactly how to use it — and the three rules that make or break the strategy. 💼📋

💊 Ready to keep more of what you earn? Book your free consultation with Dr. Taxtor → linktr.ee/drtaxtor

05/27/2026

The Tax Strategy That Works Like a Vaccine — §1202 Explained for Physicians.

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