Why Physicians Choose Shawn L. Davenport’s Run The Numbers Process

Introducing the Run The Numbers Process for Physicians

In the dynamic landscape of medical practice ownership and high physician earnings, financial complexity is the norm. Direct, data-driven solutions are essential. The Run The Numbers process, created by Shawn L. Davenport at GenWealth 360, was designed specifically to meet the unique needs of physicians, dentists, and healthcare business owners navigating today’s tax realities. This approach combines detailed, scenario-based tax calculations with GenWealth 360’s signature tax-first wealth architecture to help you make informed decisions at each financial crossroads.

What Sets Shawn L. Davenport’s Run The Numbers Process Apart?

• Designed Specifically for Physicians: Many traditional planning methods do not account for the income levels, work structures, and liability risks physicians and dentists face. GenWealth 360’s process delivers tailored analysis relevant to high-earners, including surgical, diagnostic, and specialty practitioners. Learn more about our focus in tax planning for physician specialties.
• Tax-First Architecture: Every financial consideration begins with how tax rules will affect physicians in 2026 and beyond. With top Federal tax rates for singles reaching 37% above $640,600 taxable income and $768,700 for joint filers, each decision—retirement plan funding, entity structure, asset location—has significant tax implications (see details here).
• Strength from Precision: The Run The Numbers process delivers precise scenario modeling—such as S corporation wages, maximizing the $24,500 401(k) or $7,500 IRA deferrals for 2026, strategic Roth conversions, pass-through entity taxation planning, and analysis of the $40,400 SALT cap with phaseouts beginning at $505,000 modified AGI.

Challenges Physicians Face: Why Running the Numbers Matters

Every financial move can trigger unexpected tax consequences for physicians. Without in-depth modeling, key opportunities might be missed:

• Accelerating Into Higher Tax Brackets: Bonuses, moonlighting, or practice sale proceeds can rapidly push income into the 35% or 37% brackets—often without time to adjust. Calculating projected liabilities in advance enables proactive strategy.
• Deductions Under Pressure: Phased-down SALT deductions and the loss of some itemized deductions above income thresholds impact high earners in states with substantial local taxes. Accurate number running clarifies what’s truly deductible and where strategies like pass-through entity (PTE) taxes might help (PTE tax strategies explained).
• Retirement Account Optimization: 2026 limits include $24,500 for 401(k) employee contributions (plus up to $11,250 at ages 60–63) and $7,500 for IRA contributions ($8,600 for 50+). Run The Numbers examines ideal funding order, tax deferral impact, and how practice income sources coordinate to maximize savings potential (see more on retirement strategies).
• Multi-State and Practice-Owner Complexity: For physicians working in more than one state, or those with both W-2 and 1099 income, modeling various tax scenarios—state income tax, self-employment tax, entity elections—underpins informed, legally compliant action. Find detailed breakdowns at W2 vs 1099 physician taxes.

The Run The Numbers Method: Step-by-Step

1. Discovery: Gathering not only tax returns and W-2/1099 documents but also practice cash flow, entity details, and personal financial goals.
2. Customized Scenario Modeling: Applying current 2026 federal and state tax law—including recent changes to tax rates, retirement savings, and the SALT deduction cap—to your unique mix of income, deductions, and plans.
3. Tax-First Strategy Design: Layering in GenWealth 360’s signature tax-first wealth architecture approach: designing every strategy to align with your real-world, after-tax outcomes.
4. Actionable Clarity: Presenting explicit, numbers-driven options—practice entity restructuring, charitable giving, cash balance plan adoption, practice transitions, and more—so you move forward with confidence and control.
5. Ongoing Adaptation: Your numbers (and the tax code) change. Run The Numbers is repeated periodically to keep the plan realistic and on-target as regulations and your career evolve.

Real-World Examples of What Run The Numbers Reveals

• S corporation vs. LLC: Understanding salary and distribution combinations for physicians can reveal tens of thousands in tax differences across scenarios, but only with side-by-side modeled outcomes (learn more about S corp tax planning).
• Retirement ‘stacking’: Physicians with both W-2 and 1099 income may be able to use multiple retirement vehicles, but precise calculations are needed to avoid excess contributions and IRS penalties.
• Timing Roth Conversions: Running numbers year-by-year helps physicians time Roth IRA conversions when their marginal tax rate is temporarily depressed (e.g., after a practice sale or in a sabbatical year).
• Evaluating new practice states: Considering relocation or telehealth expansion? Accurate modeling clarifies both federal and state income and deductions—especially under changing SALT deduction limits.

Why Choose GenWealth 360 and Shawn L. Davenport’s Process?

• Leadership and Expertise: Shawn L. Davenport, GenWealth 360’s founder and CEO, is a Forbes Business Council member and author of The Physician’s Wealth Code and The New Tax Paradigm. His career focus is the unique tax and wealth strategy needs of physicians and dentists.
• Personalization: GenWealth 360 serves doctors and high earners nationwide, tailoring every recommendation to each individual’s actual numbers—never cookie-cutter templates.
• Clarity, Not Guesswork: Every scenario is backed by verifiable, up-to-date data using official IRS and state tax sources, helping you move ahead without uncertainty.
• Fee Transparency: GenWealth 360 uses a clear, written fee model so you know the scope and cost of analysis and follow-up. Ask for a written quote during your initial consultation to ensure alignment.

2026 Tax Law: Implications Forged Into the Process

With the passage of the 2025 reconciliation bill, many individual tax provisions were made permanent, but income thresholds, standard deductions, and SALT deduction rules were adjusted. The standard deduction in 2026 is $16,100 (single), $32,200 (joint), and $24,150 (head of household). The SALT cap is $40,400 until phased out for incomes above $505,000, reverting to $10,000 in 2030. 401(k) and IRA limits have also increased for 2026. Strategic number-crunching under these updated rules is a necessity for high-earning physicians. (More on the 2026 law)

How Run The Numbers Puts You in Control

With so much at stake, physicians can no longer afford back-of-the-envelope tax forecasting. The Run The Numbers process, created by Shawn L. Davenport at GenWealth 360, aligns every wealth-building action—from compensation and investments to practice transitions and legacy planning—within your actual, projected tax reality. The end result: clear options, fewer surprises, and better-informed financial decisions year after year.

Choosing the Right Advisor for Your Financial Life

When selecting a tax and wealth strategist, consider their experience with physicians, transparency of their planning process, depth of scenario modeling, and clarity of service engagement. Insist on fee transparency, a personalized approach, and comprehensible, actionable planning. To learn more about what you should ask, visit our guide to choosing a tax advisor.

To experience the difference of Shawn L. Davenport’s Run The Numbers process at GenWealth 360, schedule your physician’s consultation today.

This article is for general educational purposes and is not tax, legal or investment advice. Tax law changes often and its application depends on your facts. Figures reflect 2026 rules as published by the sources listed above. Consult a qualified professional before acting. See our editorial policy.