Kenny Kim, MD, MS Tax, EA

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Kenny Kim, MD, MS Tax, EA

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ER doc turned tax strategist. I help physicians work less and keep the same income. drtaxtor.com

11/04/2026

Most physicians are told to set up an S-corp to save on self-employment taxes — solid advice if you're practicing medicine, and potentially a multi-million-dollar mistake if you're building a company. Section 1202 allows founders to exclude up to $15 million of gain from federal tax, but only C-corporations can issue qualified small business stock.
Your clinical practice is excluded outright because it's a health service, but a tech platform that runs without you in the room can qualify.
The entity decision has to be made early — not the year you sell. Book a free consultation → linktr.ee/drtaxtor

10/31/2026

I spoke with one of these online destination CME providers — a physician himself — and he genuinely believed the flights and hotel he was marketing were deductible business expenses. He wasn't lying to anyone. He just had it wrong, and I think it's going to cause him real problems.
That's the danger with these offers. The person selling you the deduction is usually not a tax professional, and a letter from a vendor carries no weight with the IRS.
Sincerity isn't tax authority. Book a free consultation → linktr.ee/drtaxtor

10/28/2026

Donating cash while you hold appreciated stock? You could be tipping the IRS $2,000 every time. ⚕️
Donate the stock directly instead — full fair-market deduction, and no capital gains tax at all.
Free consult → linktr.ee/drtaxtor

10/24/2026

If you already have a cash balance plan, you may be sitting on a tax-free healthcare strategy you've never been told about. A Section 401(h) account is a retiree medical account built directly into that plan, and it can cover you, your spouse, and your dependents.
Roughly 25% of contributions can end up funding it, though the real math involves a subordination test, actuarial work, and careful plan design.
This is a specialist strategy — actuary, TPA, and CPA — not a DIY move. Book a free consultation → linktr.ee/drtaxtor

10/21/2026

Physicians — when did you last review your living trust? An outdated estate plan can be worse than none. ⚕️
Six triggers to update it: marriage, divorce, a birth, a spouse's death, a wealth event, or a move.
Free consult → linktr.ee/drtaxtor

10/20/2026

Doctors!

I recently reviewed the operating agreement for a $20M real estate syndication.

It was drafted in 2026.

But it referenced a tax rule that was repealed in 2018. And another one that changed in 2004.

Two sections of the same document even contradicted each other.

None of that automatically makes it a bad deal.

But here's what I suspect happened.

A sponsor reused the agreement from the last deal. Property details changed. Names changed. Numbers changed. But the technical tax language stayed put.

It's like copying and pasting an old note into a new patient's chart.

Mistakes get made.

And the real problem? Everyone assumes someone else already checked it.

If you're investing $100K, wouldn't you expect every T crossed and every I dotted on a $20M deal?

I wrote up my findings and the five things I'd do before signing

One question for anyone who has invested in a syndication: did anyone actually review the operating agreement for you before you signed?

10/17/2026

Physician parents — that reflex to claim your college kid as a dependent? It can quietly cost you $10,000. ⚕️
Let your independent student claim the American Opportunity Tax Credit instead — and open the door to a 0% capital gains move.
Free consult → linktr.ee/drtaxtor

10/14/2026

Sharing a practice with other physicians? Your partnership return is not a side gig for a generalist. 🩺
Vet them with 3 questions: recourse vs. nonrecourse debt, economic effect, and the 754 election.
Free consult → linktr.ee/drtaxtor

10/11/2026

Doctors, are you thinking about investing in a syndication?

Check my article out before you do that.

I know why syndications are so attractive to doctors.
You're busy.

The last thing you want is a second job managing rental properties.

You invest, you forget, someone experienced runs the property.

But here's a question most physicians never ask:

How much of my money actually makes it into the real estate?

Invest $100,000, and roughly $88,000 reaches the property. The rest pays the people who put the deal together.

There's also a tax surprise in there that catches a lot of people off guard.

I broke down where the money goes and the five questions I'd want answered before writing the check (see the comment section)

Not an argument against syndications. Just an argument for knowing what you're buying.

10/10/2026

📋 Physicians are an SSTB, so the 20% QBI deduction phases to zero above the income threshold. Most of us get nothing.
But if your preparer leaves the SSTB box unchecked on Form 8995-A, the software hands you the deduction anyway — one the IRS can see you're not entitled to.
That mismatch can flag your return. Part I, line 1, box (b). Ten seconds. 🩺
👉 Want a second set of eyes? linktr.ee/drtaxtor

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Telephone

+13417661247

Website

http://DrTaxtor.com/

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