Physician Tax Preparation for Physicians Nationwide
Physician’s Resource Services understands tax preparation for medical professionals inside and out. We take a deep look at your tax situation to save you money.
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Schedule A Consult
The PRS team is equipped with the tools you need to improve your financial standing. Request a meeting with one of our advisors.
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Who We Help
Whether you’re transitioning from resident to practice or preparing for retirement, PRS is ready to assist you.
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High-Quality Individual Tax Preparation Services
When you’re a busy medical professional, finding time for tax preparation can feel overwhelming. Between managing patients, administrative duties, and staying up to date in your field, keeping track of complex tax laws is the last thing you need. That’s where we come in.
At Physician’s Resource Services (PRS), we provide year-round tax preparation and support designed specifically for healthcare professionals. Whether you’re a physician, dentist, traveling nurse, or other licensed provider, we help you understand your unique tax situation and identify opportunities to reduce your tax liability.
Our team is experienced in working with both federal and multi-state tax scenarios, especially those common to medical professionals with contract work, multiple income streams, or out-of-state assignments. PRS offers personalized strategies that simplify your tax process, save you time, and help you keep more of what you earn.
A Knowledgeable Team
Individual tax preparation has significant implications for your ongoing financial health. Physician’s Resource Services has the experience to minimize your tax liability while complying with IRS policies. Getting your tax return right the first time saves you from paying more than you owe and protects you from an audit.
Our industry-leading tax preparation software and tax strategies reduce your burden and prioritize your short- and long-term financial goals. PRS’s tax professionals are trained to help you identify and gather all allowable deductions.
Tax Services for Every Medical Professional
At PRS, we go beyond basic tax filing. Our process is thorough, detail-oriented, and designed to give you clarity. From gathering your income documents to organizing allowable expenses, we help confirm everything is accounted for—accurately and efficiently.
We understand that each medical career path is different, so whether you work in a hospital, private practice, or on assignment, we tailor our approach to fit your role and responsibilities.
Our individual tax preparation services include:
- Careful review of income documentation (W-2s, 1099s, K-1s)
- Organized categorization of expenses such as continuing education, supplies, travel, and insurance
- Year-round availability to support questions, updates, or audits
- Creating estate planning and retirement fund strategies
Improve Your Finances With Business Tax Return Services
Preparing taxes for yourself or your business entity is complicated but essential. Physician’s Resource Services has over a decade of experience in physician tax preparation. Our specialists make tax season a breeze with tailor-made tax services and strategies.
Detailed Business Tax Preparation
PRS specializes in business tax preparation for healthcare professionals, particularly those operating as S-Corporations. We help self-employed physicians, practice owners, and other medical providers stay compliant, minimize tax liability, and maximize eligible deductions. Our experienced team prepares business filings accurately and efficiently, ensuring you’re well-prepared for the tax season.
We routinely prepare:
• Form 1120S for S-Corporations (common for self-employed physicians, doctors, and medical professionals)
• Form 1065 for medical practice partnerships
• Additional filings for C-Corporations, LLCs, sole proprietors, and multi-member entities
We also assist with quarterly estimates and handle K-1s as part of the business return process. Working with K-1s is something we handle regularly to certify all income is accurately reported and tax filings remain compliant.
Whether you’re a solo provider, part of a group practice, or a medical contractor with a growing team, PRS provides the structure and support to streamline your tax preparation process and maintain compliance.
Schedule A Consult
Don’t hesitate to start your tax preparation. PRS tax professionals are well-equipped to understand your situation and recommend the best courses of action.
Who We Help
There’s plenty to learn about physician tax preparation. PRS is dedicated to educating our clients with thorough courses and articles.
