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In this insightful interview, Daniel Wrenne, a financial advisor specializing in physicians, discusses the cautious approach one should take when dealing with employment contracts, particularly those involving front-end bonuses and forgivable loans. Join the conversation with Jon Appino as they delve into the potential problems and tax implications that can arise, providing valuable tips to protect your financial future and career. Whether you're starting in practice or transitioning to a new employer, understanding the hidden risks is crucial. Don't miss this essential advice to safeguard your professional journey. Time Stamps: 00:00 - Introduction 00:32 - Front-End Bonuses vs. Forgivable Loans 01:15 - Potential Surprises and Tax Implications 02:03 - Ideal Contract Terms: Tail Insurance & Non-Compete 02:45 - The Risk and Reward of Bonuses 03:12 - Dealing with Unknowns in a New Job 03:45 - Creative Solutions to Long Commitment Periods 04:10 - Conclusion and Key Takeaways Links: What happens when ChatGPT reviews a contract? - https://contractdiagnostics.com/blog/... Compensation Rx Service from Contract - Diagnostics https://contractdiagnostics.com/compe... Schedule free consult with Contract - Diagnostics https://calendly.com/contract-diagnos... Connect with me on my LinkedIn: / danielwrenne Tune in now to the Finance For Physicians podcast: https://financeforphysicians.co/ Contact Finance for Physicians: https://financeforphysicians.co/contact/ To schedule a call with one of our awesome planners, book HERE: https://go.oncehub.com/meetWFP #financepodcast #financeforphysicians