Shane Tenny, CFP®, partnered with KevinMD.com to explain how signing bonuses can be an attractive part of a new job offer, but physicians should understand the tax implications before celebrating. His article explains how signing bonuses are taxed, why your take-home amount may be less than expected, and the importance of planning for potential repayment if contract terms aren’t fulfilled. With clear guidance, physicians can make informed decisions when negotiating compensation.
Check out the article on KevinMD.com here > KevinMD.com- Signing bonuses and taxes: What physicians should know