Establishing your own medical practice is one of the most exciting and rewarding moves you can make in your career. Whether you’re looking to buy into an existing practice, start fresh, or take over a clinic, this decision brings clinical freedom, greater financial opportunity – and complexity. At Walshs, we’ve guided hundreds of doctors through
Walshs has strengthened ties with the Australian Orthopaedic Association (AOA) Queensland Branch as a Regional Alliance Partner. This collaboration reflects our shared commitment to supporting Queensland’s orthopaedic surgeons, trainees, and medical researchers by providing access to specialist financial advice, education, and resources tailored to the needs of medical professionals. For over 30 years, Walshs has
Gone are the days of setting a tax strategy at the start of the financial year and forgetting about it. In today’s ever-changing economic and legislative landscape, tax planning has become an essential part of managing your personal and business finances. To stay ahead, you need to be flexible, informed, and prepared to pivot your
Accounting for doctors in 2025 has evolved far beyond tax-time basics. As cloud-based systems, automation, predictive analytics and secure integrations become the norm, doctors now have access to accounting that is faster, smarter, and more tailored to their career. But with these advancements also comes a shift in expectations — today’s medical professionals need more
As a doctor, managing your finances effectively is crucial to long-term financial stability. However, with complex tax obligations, investment decisions, and superannuation planning, it’s important to work with specialists who understand medical finance advice in Brisbane and who are knowledgeable in the unique financial needs of medical professionals. Tax time is the perfect opportunity to
Are you ready to take your private practice to the next level? Look no further than the latest episode of the Practice Masterclass Series by Magentus, featuring the expertise of Walshs Director, Hugh Walsh. In this 20-minute video, Hugh delves into essential financial strategies specifically designed for private practice owners. Key Topics Covered: Choosing the
Burnout is a real challenge for doctors. Long hours, patient demands, and admin overload can take a toll. But there’s one area that often gets overlooked—financial management. Effective accounting for doctors can relieve stress, save time, and even help prevent burnout. With the right support, you can focus on your patients while your finances are
As a leading medical financial planning firm, of course we advocate for appropriate billing structures, but of course we know and respect the unwritten rule of not charging colleagues. However, this unwritten rule is quite traditional and we are seeing it being challenged in a modern practice. It’s not for everyone, especially in the face
Accounting for doctors involves unique financial challenges that, if not managed correctly, can result in costly mistakes. Whether it’s tax inefficiencies or missing out on key deductions, avoiding these pitfalls can make a real difference to your financial success. Below are some of the most common mistakes that we have seen doctors make, along with
Working with an experienced team of specialist medical accountants can make all the difference when trying to deal with the complicated financial landscape of your medical practice. Utilising the skills of a team of specialist medical accountants to manage financial tasks such as tax returns, regulatory compliance and cash flow monitoring, enables you to concentrate
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