What if you could turn your 1099 income into a retirement and tax-saving machine — without giving up your flexibility or taking on more work?
Most locum tenens doctors miss out on six figures in potential tax savings every year. The problem isn’t how much you earn — it’s how your income is structured and taxed.
You became a locum physician for freedom — the ability to choose where and when you work, to earn what you’re worth, and to take control of your career.
But being independent also means you’re on your own for taxes, retirement, and benefits.
You might be wondering:
How do I reduce my massive
self-employment tax bill?
How do I save for retirement
without an employer plan?
How do I make my locum income
work for me — not against me?
Here’s the truth: Most locum tenens physicians overpay their taxes by tens of thousands each year — simply because they’re treated like employees instead of independent business owners.
Without the right structure, you’re paying higher taxes, missing retirement deductions, and working harder for less long-term wealth.
At Oakwood Summit, we’ve seen it countless times: high-income locum physicians earning $400,000+ but saving very little for retirement — all because their income wasn’t structured properly.
At Oakwood Summit, we specialize in helping locum tenens physicians turn their independent income into a powerful wealth-building engine.
Our goal is simple: help you keep more of what you earn, grow it tax-efficiently, and secure your financial freedom faster than you thought possible. Our proven framework helps you:
Our team has worked alongside top physicians, private practices, and independent contractors across the country.
We’ve helped medical professionals save millions in taxes and fund seven-figure retirements all while staying compliant and protected.
Our strategic network of tax, legal, insurance, & financial collaborate to provide solutions tailored specifically for independent physicians.
Here’s how we help locum physicians build wealth and reduce taxes
Unique Tax Strategies &
Comprehensive Financial Solutions for Your Success
At Oakwood Summit, we specialize in offering tailored tax reduction strategies, helping locum tenens providers legally reduce their tax liabilities, even down to zero. We focus on unique solutions that ensure long-term financial success, from minimizing taxes by $50K or more to building wealth. As your one-stop accounting shop, we offer comprehensive financial services, including payroll, bookkeeping, and tax planning. Our personalized service ensures every client receives the attention and expertise they deserve.
We proudly serve clients nationwide, providing financial peace of mind and support for both short-term and long-term financial goals.
Reducing Tax For Small Businesses
At Oakwood Summit, we specialize in reducing tax burdens for small businesses, ensuring they pay as little as legally possible. Our experts craft customized tax reduction strategies to help you minimize your tax liabilities, sometimes reducing them by $50K, $100K, or more. We use proven methods to leverage deductions, credits, and tax-saving strategies to help your business thrive financially. Beyond tax reduction, we offer a full range of financial services, including tax planning, bookkeeping, payroll, and tax consulting, ensuring that your business’s financial health is optimized year-round. Trust us to guide you toward smarter, more profitable tax solutions.
Tailored Financial Solutions To Help Small Businesses Thrive And Grow
At Oakwood Summit, we understand the unique financial challenges small businesses face. Our services are designed to provide customized solutions that help businesses reduce taxes, stay compliant, and improve their financial health. Here’s how we support small businesses:
Tax Reduction Strategies
We specialize in helping small businesses reduce tax liabilities using proven strategies. Our team works closely with clients to develop customized plans that minimize their tax burden, ensuring they keep more of their hard-earned revenue. This allows for reinvestment into business operations and long-term growth.
Comprehensive Financial Services
Oakwood Summit offers full financial services to support small businesses, including tax filing, payroll, bookkeeping, and tax planning. Our comprehensive approach simplifies business finances, enabling owners to focus on growth. We provide accurate, timely solutions to ensure financial health, compliance, and operational efficiency.
Ongoing Tax Planning
With proactive tax planning, we help small businesses prepare for future financial needs. Our strategies focus on minimizing liabilities, maximizing available deductions, and optimizing long-term wealth building. By continuously assessing tax implications, we ensure businesses can grow confidently, making informed decisions contributing to their continued financial success.
Frequently Asked Questions
What services does Oakwood Summit offer?
Oakwood Summit provides a comprehensive range of services, including tax filing, tax planning, payroll management, bookkeeping, tax resolution, and wealth-building strategies. Our goal is to help individuals and small businesses navigate complex financial challenges, reduce tax burdens, and achieve long-term financial success through tailored solutions.
What makes your tax reduction strategies unique for small businesses?
Our tax reduction strategies are tailored specifically to each small business’s needs. We focus on legal methods to reduce tax liabilities by up to 50% or more, often aiming for a goal of paying zero income tax. By combining tax planning and wealth-building strategies, we ensure long-term financial health.
How can your payroll services benefit my business?
Our full-service payroll solutions help small businesses by handling all aspects of payroll, from tax withholdings to filing. We ensure compliance with state and federal regulations, freeing up time for business owners to focus on growing their business while reducing administrative burdens and risks.
Do you offer tax planning services year-round?
Yes, our tax planning services are available year-round. We don’t just file taxes; we proactively work with clients to minimize their tax burden, adjust strategies based on changing financial situations, and ensure that you’re always prepared for the next tax season. This ongoing support is crucial for optimizing financial outcomes.
How does your bookkeeping service help small businesses stay organized?
Our bookkeeping service helps small businesses maintain accurate and up-to-date financial records. We handle everything from daily transactions to monthly reports, ensuring that your financial data is organized and easily accessible. With clear financial insights, we help you make informed business decisions and maintain compliance with tax regulations.
