Another thing to keep in mind is that as an independent contractor you will be responsible for submitting both the employer and employee payroll taxes. This could be a substantial amount even though social security tax does stop near 100K of salary. Medicare taxes continue but at a smaller rate. You should talk to a good tax planner about this so that you will not be surprised in April.
Good luck with your new job.

Zip Code: 78132

Hi Eric and Andrew,

I learn a few more things about LLC:

-LLC can give protection if the doctor is not at fault.

-In some cases one is less likely to sue if the entity is an LLC or S Corporation.

So new MD may have a couple good reasons to incorporate, I guess.

Thanks for your helpful inputs