PRIME Financial Services

Blog

Life After Residency

Life After Residency: Challenges and Opportunities for Doctors in the USA

For Doctors in the USA, completing residency marks a significant milestone.Wherever you are in your journey to becoming a doctor it’s important to know about the life after residency that holds both challenges and opportunities.   In this blog, we will cover nitty-gritty details like life after residency, What comes after residency, the Career path […]

Life After Residency: Challenges and Opportunities for Doctors in the USA Read More »

Ordinary vs Qualified Dividends

Ordinary vs. Qualified Dividends

Understanding Ordinary vs Qualified Dividends There are two types of dividends paid out to investors: Ordinary and Qualified. The time an investor has owned a stock determines whether the dividend will be considered Ordinary or Qualified. The other difference between these is the tax treatment of the dividend.  Previously, all dividends were considered Ordinary dividends

Ordinary vs. Qualified Dividends Read More »

Tax Changes Under Biden’s American Families Plan

Major Tax Changes under President Biden’s American Families Plan Proposal

The American Families Plan (AFP) proposal would use $1.8 trillion in new spending on education and family programs. About $661 billion in additional taxes on higher income individuals and businesses like Partnerships, Sole Proprietorships, and S Corporations. These proposed tax changes would make the current tax system more progressive than under current law, with higher

Major Tax Changes under President Biden’s American Families Plan Proposal Read More »