How the Run The Numbers Process Works: Step-by-Step for Physicians

What Is the Run The Numbers Process?

The Run The Numbers process, created by Shawn L. Davenport at GenWealth 360, is a systematic, tax-first method guiding physicians, dentists, medical practice owners, and high-earning professionals through personalized tax and wealth strategy. Unlike generic financial assessments, this process focuses on each client's unique tax position and wealth-building opportunities in light of rapidly evolving tax laws—including those effective for 2026. Shawn L. Davenport designed Run The Numbers specifically for high-income medical professionals who need transparent, numerical clarity and actionable steps.

Why a Tax-First Wealth Architecture Matters

Physician finances are uniquely complex. High ordinary income, practice-related deductions, investment accounts, and a patchwork of federal and state tax rules can make optimizing after-tax wealth difficult. The Run The Numbers process forms part of GenWealth 360's tax-first wealth architecture, ensuring every move is grounded in the current tax code. For 2026, this includes the 37% top federal bracket above $640,600 (single) or $768,700 (married joint), and new SALT deduction rules affecting various states and income thresholds. The Run The Numbers process is built to help physicians align financial decisions with these realities—from deductions and retirement plans to entity strategy and wealth transfer.

Step 1: Discovery and Intake

The journey begins with an in-depth discovery session. After you book a consultation, GenWealth 360 collects information about your income (W-2, 1099, or both), practice structure, state residency, assets, retirement savings, and current tax returns. For physicians practicing in tax-sensitive states, see relevant guidance at tax planning for physicians by state.

Step 2: Current Tax Position Assessment

GenWealth 360 analyzes your current-year tax projection line by line, using the latest IRS rules. For 2026, this considers:

• Tax brackets and phaseouts—such as the 35% threshold at $256,225 (single) or $512,450 (joint), and the 2026 standard deduction ($16,100 single, $32,200 joint)
• SALT deduction cap rule—capped at $40,400, phasing down above $505,000 modified AGI, with scheduled transitions in 2030 (learn more about 2026 changes)
• Qualified retirement plan limits—such as 401(k) and IRA contribution thresholds for 2026. For example, employee deferral limit is $24,500, with extra catch-up if age 50 or older (physician retirement planning resources).

This phase reveals exactly how much income is subject to each tax rate, what deductions apply, and which areas present planning opportunities. GenWealth 360 never makes promises about results, but this stage clarifies the current tax landscape for you as a physician or practice owner.

Step 3: Scenario Modeling & Strategy Design

With your current baseline in place, the Run The Numbers process builds "what-if" models. These scenarios explore options such as:

• Altering compensation—shifting W-2 to 1099 income (see: W-2 vs 1099 physician taxes)
• Entity changes—moving to or optimizing an S corporation practice structure (S-Corp tax planning for physicians)
• Retirement plan design—selecting among 401(k), cash balance plans (cash balance plan strategies), and IRAs to maximize allowed savings
• Charitable and family strategies—such as donor-advised funds, or considering hiring family members for legitimate business roles
• Multi-state and practice transitions—analyzing impacts if relocating, selling, or expanding your medical practice ( selling a practice—taxes)

Each scenario is based on current tax rates, deduction limits, and rules relevant to 2026. You see all numbers—hypothetical federal, FICA, and state tax impacts—side-by-side with your existing strategy. No outcome is promised, but physicians gain a data-driven basis for decision-making.

Step 4: Implementation Planning

If you decide to proceed, GenWealth 360 coordinates with your legal, tax, or investment professionals to craft a written plan describing the steps involved. As GenWealth 360 is not a CPA, law, or enrolled agent firm, clients are counseled to consult the appropriate licensed professionals where necessary. Typical planning may outline entity or payroll changes, new retirement contributions, deductible expense categories, and timelines.

Step 5: Ongoing Monitoring & Adjustments

The Run The Numbers process is not a one-time event. Instead, it's a living review. Every tax year brings regulation updates, shifts in the tax code, and the potential for new strategies. For physicians facing ongoing complexity—multiple states, partnership interests, evolving compensation—GenWealth 360 recommends periodic check-ins or annual reviews, recalculating as new numbers come in. You receive written updates as needed and can request plan modifications at any time.

What Physicians Gain from the Run The Numbers Process

• Understanding of how current and future tax law changes—including those from the One, Big, Beautiful Bill and IRS Rev. Proc. 2025-32—impact your after-tax wealth
• Step-by-step clarity: no "black boxes," just plain-English breakdowns and real numbers
• Coordination with GenWealth 360’s broader wealth architect resources (GenWealth 360 System for Physicians)
• Direct involvement from a firm led by Shawn L. Davenport, who created Run The Numbers to serve the unique needs of high-earning physicians

GenWealth 360 Service Model

The Run The Numbers process is offered as a project or ongoing engagement. Fees are typically disclosed in writing after your initial intake. Ask GenWealth 360 for a written quote explaining the scope; every case is unique to your circumstances. No hourly rates or percentage fees are advertised on this page.

How the Process Connects to Shawn L. Davenport and GenWealth 360

Shawn L. Davenport, member of the Forbes Business Council and noted author, developed the Run The Numbers process exclusively for GenWealth 360 clients. It represents his tax-focused approach to financial strategy for physicians. You can learn more about his background and frameworks at About Shawn L. Davenport and Frameworks & Books.

Choosing a Physician-Focused Advisor

When selecting an advisor, look for someone experienced in physician tax and wealth issues, up-to-date with 2026 tax laws, and transparent about process and pricing. GenWealth 360 encourages you to ask for written explanations, review credentials, and evaluate the specific steps offered. The Run The Numbers process—created by Shawn L. Davenport at GenWealth 360—promises clarity and a structured path, not guaranteed outcomes. To learn how your situation can benefit, book your own 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.