General Tax Planning for Physicians and Dentists

Los Angeles & Orange County Business CPA
Zaher Fallahi, CPA Since 1983, Tax Preparation Since 1979

Tax & Business Planning for Physicians and Dentists

Doctors’ CPA Since 1992 | Zaher Fallahi, CPA
Since 1992, Zaher Fallahi, CPA, has been known as Doctors’ CPA, providing trusted tax, accounting, incorporation, and legal services for physicians, dentists, and healthcare professionals across the nation. We understand the year-round tax planning, compliance, and audit defense needs unique to the medical and dental fields — and we’ve successfully guided healthcare professionals for over three decades.

Comprehensive Support for Doctors at Every Stage
Through our law firm, we help new doctors incorporate or purchase practices and assist retiring doctors with the sale of their practices. We perform detailed due diligence to ensure tax-efficient allocation of costs and assets, minimizing your tax burden while protecting your interests.

We Vigorously Defend Physicians and Dentists in Audits
If you face an audit from the IRS, FTB, EDD, or end up in Tax Court, we provide experienced, aggressive representation to protect your rights. As both a Tax Attorney and CPA, Zaher Fallahi offers the dual advantage of deep legal and accounting expertise under the protection of attorney-client privilege.


Essential Tax Tips for Healthcare Professionals

Disclaimer: The following general information is not legal or tax advice. For personalized guidance, please contact us.

  • High Audit Risk for Healthcare Sole Proprietors
    If your gross receipts exceed $100,000 annually, you face greater IRS audit exposure. Proper incorporation is critical — consult with an experienced business attorney.
  • Incorporation & Liability Protection
    While incorporating protects you from certain liabilities, it does not shield against malpractice — adequate insurance is essential. To maintain protection:
    • Ensure your corporation is properly formed — many are not, especially when using low-cost, non-lawyer services.
    • Follow corporate formalities continuously — not just at formation.
    • Consult your state medical or dental board to stay compliant.
  • Guarding Your Corporate Shield
    Treat your corporation as a separate legal entity:
    • Never commingle personal and corporate funds.
    • Loans to/from the corporation must follow legal formalities.
    • Update corporate minutes for significant decisions.
  • Buying or Selling a Medical/Dental Practice
    • Purchase assets, not the entity, to avoid hidden liabilities unless goodwill outweighs the risks.
    • Conduct thorough due diligence with industry-experienced legal and tax advisors.
    • Strategically allocate purchase prices of your practice for tax advantages has long-term tax implications.
  • S Corporation Considerations
    • S Corporations pass income to owners, avoiding corporate-level tax (CA minimum tax applies).
    • Owners must take reasonable salaries — underpayment is a major IRS audit trigger.
    • Payroll should be handled by an experienced CPA for continuous tax planning.
  • C Corporation Option
    With the flat 21% corporate tax, some doctors may benefit more from a C Corporation — consult with a tax advisor to evaluate.
  • Employee vs. Independent Contractor Risks
    Improper worker classification can lead to severe IRS and EDD penalties. Engage legal counsel before making classification decisions — this is a common audit trigger.
  • Choosing the Right Advisors
    Low-cost or inexperienced tax services often result in costly audits. Quality matters — inadequate advisors frequently cause the very problems they’re hired to prevent.
  • Audit Defense Requires the Right Advocate
    Never rely on your tax preparer for audit defense — conflicts of interest can jeopardize your case. A qualified tax attorney offers attorney-client privilege and experienced legal defense, including potential criminal matters.

Why Doctors Choose Zaher Fallahi

Recognized Expertise | Nationwide Service

Zaher Fallahi, CPA, brings an unparalleled combination of tax, legal, and financial insight to healthcare professionals, enhanced by training from two of the world’s most prestigious institutions:

Harvard Law School

  • Certificates in Negotiation & Leadership and Leveraging Emotions in Negotiation
  • These advanced programs sharpen his ability to navigate complex legal, tax, and business matters for healthcare clients.

Massachusetts Institute of Technology (MIT)

  • Certificate in Blockchain Technologies
  • This expertise is invaluable for doctors investing in cryptocurrency, digital assets, or practices involving emerging financial technologies — all under increasing regulatory scrutiny.

Trusted by Clients and Recognized by Peers

  • Recognitions:
  • Over three decades representing physicians, dentists, and healthcare professionals
  • A small percentage of U.S. lawyers are also CPAs, we are proud to be among them.

Doctors deserve advisors who understand the complexity of their profession, in tax, and finance. Let Zaher Fallahi be your trusted CPA, MS, MBA

Nationwide Toll-Free: (877) 687-7558
Email: zfallahi@zfcpa.com

Downtown Los Angeles Doctors’ CPA-US Bank Tower
Incorporation, Real Estate CPA Tax Help and Tax Planning
633 W. 5th Street, 26th Floor
Los Angeles, CA 90071
Phone: (310) 719-1040 | Toll-Free: (877) 687-7558

Orange County Doctors’ CPA-South Coast Plaza
Incorporation, Real Estate Tax Help and Tax Planning
650 Town Center Drive, Suite 510
Costa Mesa, CA 92626
Phone: (714) 546-4272 | Toll-Free: (877) 687-7558

Executive Education
Harvard Law School–Executive Programs in Negotiation & Leadership
Massachusetts Institute of Technology (MIT)–Executive Certificate in Blockchain Technologies: Basis of Cryptocurrency