1099 Physician Solutions  ·  Whitecoat Concierge Service

The Last Financial Decision
You'll Have to Make for Your Practice

One conversation. We assess, build, and manage your entire financial back-office — payroll, taxes, bookkeeping, and retirement — so you can stop thinking about it entirely.

For physicians transitioning to 1099 or already practicing independently

See What the S-Corp Structure Could Save You
Estimated Annual Tax Savings
Sole Proprietor vs. S-Corporation
Sole Proprietor total tax
S-Corporation total tax
Your savings
SE tax reduction
Cash Balance Plan savings
⚠️ Cash Balance contribution exceeds single-year cash flow at this income level. Savings are real but assume funding from prior retained earnings — discuss with your advisor.
Health insurance + accountable plan
Total annual savings

Estimates only. Actual savings vary based on your specific situation, deductions, and filing. Consult a tax professional before making financial decisions.

Book a Free Strategy Session to Capture These Savings

Your Hospital Employer Handled All of This.
Now You're On Your Own.

🏦

Payroll & Tax Withholding

Automatically withheld every paycheck. Now you owe quarterly estimates — or face IRS penalties.

📋

S-Corp Strategy

Nobody sets this up for you. Most 1099 physicians overpay $18K–$30K/year without it.

🏥

Retirement Plans

Your 403(b) or pension disappeared. The independent equivalent is more powerful — but you have to build it.

📊

Bookkeeping & Compliance

No HR department. No finance team. Payroll filings, entity maintenance, and clean books are now your problem.

🧠

Financial Oversight

W-2 physicians have a CFO watching the institution's finances. 1099 physicians have a shoebox and anxiety.

😌

Peace of Mind

When you were W-2, you never thought about any of this. That's what we give back.

Whitecoat Concierge rebuilds all of it — custom-built for your 1099 practice.

Your Complete Financial
Back-Office, Delegated

01

Entity Structure & S-Corp Optimization

Formation, election timing, reasonable compensation benchmarking, and QBI interaction — built around your income level.

02

Payroll & Quarterly Tax Management

Payroll setup, estimated tax calculations, and proactive reminders. No more year-end surprises or underpayment penalties.

03

Retirement Plan Design

Solo 401(k), SEP-IRA, or defined benefit plans — structured to maximize tax-advantaged contributions on your 1099 income.

04

Monthly Bookkeeping & Reporting

Clean books, monthly financial reports, and a clear picture of your practice finances — every month, without lifting a finger.

05

Fractional CFO Oversight

Quarterly strategy sessions, annual tax planning, and ongoing advice — the financial leadership your practice never had.

06

Investment Due Diligence

CFO-level vetting of syndications, real estate, and physician-marketed alternative investments before you commit capital.

Two Types of Physicians.
One Solution.

Primary Fit

You're Leaving W-2 — or Already Did

You took a 1099 position, went full locums, or finally made the switch. You're earning more — but the business side is entirely on you now, and it shows.

  • No payroll system, no quarterly tax plan
  • Unsure if or when to elect S-corp
  • Retirement plan disappeared with your old job
  • You want it handled — not explained
Build My Back-Office →
Also a Great Fit

You Have a W-2 and Pick Up 1099 Shifts

Moonlighting, locums on the side, telemedicine — you're generating 1099 income on top of your salary and have no infrastructure around it.

  • 1099 income with no entity or tax plan
  • Unsure what you owe or when
  • Missing significant tax savings opportunities
  • Want to keep it simple and compliant
Talk to Us About Your Situation →

Simple. Delegated. Done.

1

One Free 30-Minute Conversation

We review your income structure, your current situation, and map out exactly what your back-office should look like — including what you're missing and what it'll cost to build. No obligation, no pitch deck.

2

We Build Everything

Entity structure, payroll, bookkeeping system, tax strategy, retirement plan — we handle the full build while you keep practicing medicine. Onboarding typically takes 2–3 weeks.

3

We Run It Year-Round

Monthly bookkeeping, quarterly tax planning, annual returns, compliance filings, and strategy check-ins. You'll never think about this again.

Built by a Physician Who Lived It

"I watched colleagues earning $400K a year paying $30K more in taxes than they had to — not because they were careless, but because no one built the right infrastructure for them. So we did."

Dr. Troy Akers, MD is a practicing Emergency Medicine physician who co-founded 1099 Physician Solutions after experiencing firsthand how the 1099 model strips physicians of the financial support structure their W-2 colleagues receive automatically.

Daniel Huang, MHA brings a background in investment banking, private equity, and healthcare administration and serves as a fractional CFO to physician practices across the country. His wife is a pediatric emergency physician.

Together, they built Whitecoat Concierge — the flagship service of 1099 Physician Solutions — for one reason: to give independent physicians the infrastructure they deserve, and the peace of mind they gave up when they left their hospital employer.

Dr. Troy Akers, MD  |  Daniel Huang, MHA
Co-Founders, 1099 Physician Solutions

What Physicians Ask Before Booking

Is this just a tax prep service?+
No — and that's the point. Tax prep is a commodity. We're a year-round financial back-office: monthly bookkeeping, ongoing payroll, quarterly tax strategy, retirement planning, and fractional CFO oversight. Your CPA files a return once a year. We run your entire financial operation.
I already have a CPA. Do I need to switch?+
Not necessarily. Many clients keep their existing CPA for return filing while we serve as the strategic and operational layer. We handle bookkeeping, quarterly planning, and tax strategy — your CPA just signs and files. We can also discuss an all-in-one arrangement if you'd prefer.
How much does this cost?+
Pricing is customized based on your income level, entity structure, and service scope — we'll cover this in the free consultation. Most clients recoup our fee many times over in their first year through tax savings and time recovered. We'll give you real numbers before you commit to anything.
I only have some side 1099 income. Is this overkill?+
It depends on how much. Once your 1099 income exceeds roughly $50K–$75K annually, the tax savings from proper structuring typically exceed the cost of our service. We'll tell you honestly during the consult whether it makes sense for your situation.
I'm already set up as an S-corp. Can you still help?+
Absolutely. Having an S-corp and optimizing it are two different things. Reasonable compensation benchmarking, QBI deduction strategy, retirement plan maximization, and real estate cost segregation are all opportunities most S-corp physicians haven't fully captured. We audit what you have and build from there.

Stop Managing Your Practice.
Start Practicing Medicine.

One free conversation. We'll show you exactly what your back-office should look like, what it's costing you not to have it, and what it takes to build it — no obligation.

Build My Back-Office →

30 minutes. No pitch deck. No obligation.