Tax Planning for Physicians in Long Beach, CA
GenWealth 360's office is in Long Beach, and Southern California physicians are a large part of the firm's work. California has no city income tax, but its state tax is the highest in the country for top earners. Office address, phone and services.
2026 at a glance
| California top rate | 13.3% over $1 million (including the 1% Mental Health Services tax) |
|---|---|
| State Disability Insurance | Withheld on all wages with no cap |
| Practice entity | Professional medical corporation (LLCs generally cannot practice medicine) |
| California PTET | Extended for tax years beginning before January 1, 2031 |
Planning priorities for Long Beach and Los Angeles County physicians
- Elect the PTET. For medical corporations taxed as S corporations, California's elective tax remains one of the most valuable SALT workarounds.
- Plan for non-conformity. California does not follow federal bonus depreciation and taxes HSA contributions, so state and federal projections must be run separately.
- Coordinate entity and compensation. S corporation status on a medical corporation can lower payroll taxes, but California's 1.5% franchise tax on S corporation income and the reasonable compensation rules must be weighed.
- Residency. Physicians considering a move to Nevada, Texas or Florida must change domicile completely; California's Franchise Tax Board reviews these moves closely.
Visit us at 3711 Long Beach Blvd, Suite 1018, Long Beach, CA 90807, or call 1-877-436-9360.
See the full California physician tax guide.
More physician tax guides
- Other California cities: Los Angeles, San Francisco, San Diego, Sacramento, San Jose, Orange County.
- State rules: California physician tax guide and all 50 state guides.
- By specialty: Pain Management Physicians, Orthopedic Surgeons, Emergency Physicians, Plastic Surgeons and every specialty.
- Core strategy: tax planning for physicians, tax planning for medical practice owners, advanced strategies for high-income physicians and S corporation tax planning for physicians, plus the physician tax glossary.
Frequently asked questions
Can a California physician practice through an LLC?
Generally no. California physicians practice through a professional medical corporation, which can elect S corporation tax treatment.
Get a tax plan built for your situation
GenWealth 360 builds proactive, tax-first plans for physicians, dentists and medical practice owners in all 50 states. Start with a conversation about your income, entity and goals.
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Sources
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.