Personal Finance

The new rules for personal finances

April 15, 2009

The upheaval in our current economy is changing the ground rules for skillful handling of personal finances. Some of the time-honored methods for building and maintaining a secure financial future for you and your family need to be modified while today's unpredictable financial crisis runs its course. Here are seven tips from the experts that will help you to come out on top once the financial storm has abated.

Create a healthy financial future

May 01, 2007

Planning for retirement may seem like a daunting task, but physicians who have a good understanding of the basic instruments of investing-stocks and bonds-need not worry.

Social Security benefit timing can have big impact

February 01, 2007

Q Could you explain whether it is generally better to take Social Security benefits at 62 or wait until 65 or even 70?

New rules pertain to donating IRA assets to charity

January 01, 2007

When considering whether to take advantage of this law, consult your financial planner.

13 ways to cut your income tax bill now

October 15, 2006

If you're like many busy professionals in practice, you don't pay much attention to income taxes until the filing deadline looms.

Create asset protection plan to protect wealth

September 01, 2006

The simplest way to cope with risk is to shift the risk to an insurance company. This should be your first line of defense. Before you do anything else, review your existing coverage.

Alternative minimum tax expected to affect more U.S. taxpayers

March 01, 2006

For those in the know, the AMT has become the tax equivalent of the boogeyman. Unfortunately, unlike the object of children's nightmares, this lurking threat is all too real. Calculated alongside ordinary income tax for all households, the AMT erases many standard deductions to which Americans have become accustomed. Taxpayers then must pay whichever tax is higher.

View from 'shoulders of giants' offers new vision

January 01, 2006

The president, president-elect, and executive vice president of the American Academy of Ophthalmology (AAO) recently offered a "state-of-the-profession" message during the opening session of the AAO annual meeting in Chicago. All three executives shared in a celebration of past achievements, current conditions, and future opportunities in ophthalmology

Financing to boost retinal research

December 15, 2005

Paris—Fovea Pharmaceuticals SA, a biopharmaceutical company working to discover, develop, and commercialize drugs to treat retinal diseases, announced the closing of a $25 million equity financing round.

Last-minute tax savings for 2005 minimize tax bill

December 01, 2005

If you're inclined to let your accountant do all the worrying about your professional and personal income taxes, you could be making a costly mistake.