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© Raymond J. Ramirez DVM - All Rights Reserved

So you want to be a Relief Doctor?
• Raymond J. Ramirez DVM
• Relief Dr working in over 100 clinics in two
states from 1989 – 2007
• Slideshare.net/RayJRamirez
Welcome to

50:50

Who Wants to
become a
Veterinary
Relief Doctor
Millionaire

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$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved

15
14
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8
7
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5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

This world renown
veterinarian is
discussing the traits a
good relief
veterinarian should
have:

50:50

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$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

A: Dr James Herriot

B: Raymond J. Ramirez DVM

C: Lydia Gray, DVM, MS

D: Robert M Miller DVM
© Raymond J. Ramirez DVM - All Rights Reserved

15
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5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

This is the official
title of a veterinarian
who is doing relief
work.
50:50

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A: loco

B: crazy

C: unusual

D: Locum tenens

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

15
14
13
12
11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

What is not a reason
one would have for
becoming a relief
veterinarian?

50:50
A: Want to change the world
one practice at a time

C: Looking for best
place to work

15
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7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Have family at home and
want more flexiblilty

D: Retired but
want to keep up
© Raymond J. Ramirez DVM - All Rights Reserved

15
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9
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7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

This is not a reason
why veterinarians
consider performing
relief work

50:50
A: take spontaneous
time off
C: Flexibility of
schedule

15
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7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Want to get more
vacation
D: Looking for
permanent work
© Raymond J. Ramirez DVM - All Rights Reserved

15
14
13
12
11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

This would be an
attribute about my
practice habits that
would be problematic
as a relief veterinarian
50:50
A: enjoy learning different
anesthetic protocols
C: Enjoy taking my time with
each client – minimum 1 hour

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3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Enjoy learning new
medication / vaccine protocols

D: Willing to go
with flow
© Raymond J. Ramirez DVM - All Rights Reserved

Congratulations!
Congratulations!

You’ve Reached
the $1,000
Milestone!
© Raymond J. Ramirez DVM - All Rights Reserved

15
14
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11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

Which of these skills
as a relief doctor
would not expand your
ability to help the
hiring clinic

50:50
A: expedient surgical skills

C: Have good typing
skills

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3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Afraid to ask colleague
to critique my skills
D: Adaptable to a new clinic protocol
– not ‘my way or the highway’
© Raymond J. Ramirez DVM - All Rights Reserved

15
14
13
12
11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

Which of the background
check items may not give
you a positive reference
if you were to give it to a
prospective clinic

50:50
A: Doctor references
C: License lookup

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5
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3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Google check
D: Governor Blagojevich
phone number
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved

15
14
13
12
11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

The following is not
recommended dress
attire as a locum
tenens veterinarian

50:50
A: Clean tee shirt and dress
slacks or scrubs
C: White coat over
professional pant business
suit

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5
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3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Long sleeve dress
shirt/ dress pant/ tie
D: Professional dress
and smile
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved

15
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10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

This financial program
can not make it easier to
keep track of income and
expenses

50:50
A: Quickbooks
C: Pen/ paper

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7
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5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Quicken Home and
Buisenss
D: Excel
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved

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9
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7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

When preparing to be
at a clinic in the next
week, the following
would be least helpful
to do:

50:50
A: Find out core/non core
vaccines
C: Find out heartworm and
chronic medication

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7
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5
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3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Call clinic to make sure no
date/ time changes
D: Find out about
Mandated employee breaks
© Raymond J. Ramirez DVM - All Rights Reserved

Congratulations!
Congratulations!

You’ve Reached
the $32,000
Milestone!
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved
© Raymond J. Ramirez DVM - All Rights Reserved

Anticipation and Follow up

Follow up form
Date/client/ presenting compliant/ treatment
done / resolution if any.
Available Word document at ramirezdvm.com
What could I have done to make my stay there
better.
© Raymond J. Ramirez DVM - All Rights Reserved

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5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

The following is required to
have and to give to the clinic
when performing your first
locum tenens job as an
independent contractor as
defined by the IRS

50:50
A: Federal Identification
number
C: Workmans Compensation
Insurance

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4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: W9 form
D: Separate personal /
business accounts
© Raymond J. Ramirez DVM - All Rights Reserved

Independent Contractor
Benefits
 Deduct car mileage
 Deduct uniform expenses
 Deduct medical
equipment – stethoscope,
 Deduct books,
subscriptions, dues, VIN
subscriptions**
 Deduct cell phone bills
 Deduct computer
purchased used for work
 ? Home office

Disadvantages
 Keeping track of receipts (easier with
computer)
 Sending in quarterly payments
 Likely need accounting assistance
 Some extra year end tax forms

** = Raymond J. Ramirez DVM is employed
by VIN as a representative
© Raymond J. Ramirez DVM - All Rights Reserved

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9
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7
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5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

The following license is not
required to practice
medicine, take radiographs,
prescribe controlled
anesthetics, and sign health
certificates
50:50
A: Illionios state (& controlled
substance license)

C: Radiation monitor

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2
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B: DEA
D: Accreditation

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

15
14
13
12
11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

Without your own
personal Drug
Enforcement Agency
(DEA) number, you
can only do the
following:
50:50
A: Euthanize a patient
in clinic
C: Prescribe Phenobarb
from clinic pharmacy

15
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7
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5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100

B: Anesthetize a patient in
clinic with controlled drugs.
D: Anesthetize a patient with
Propofol/ inhalant anesthetic
© Raymond J. Ramirez DVM - All Rights Reserved

15
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13
12
11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

As an Independent
Contractor under the IRS
guidelines, you should
receive a 1099 form from
the clinic where you made
more than:
50:50
A: $ 600

B: $ 800

C:$ 1,000

D: $1,500

15
14
13
12
11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

15
14
13
12
11
10
9
8
7
6
5
4
3
2
1

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

This is the only
Illinois city west of
the Mississippi
River
50:50

15
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9
8
7
6
5
4
3
2
1

A: Quincy

B: Kaskaskia

C: Cairo

D: None

$1 Million
$500,000
$250,000
$125,000
$64,000
$32,000
$16,000
$8,000
$4,000
$2,000
$1,000
$500
$300
$200
$100
© Raymond J. Ramirez DVM - All Rights Reserved

YOU WIN $1
MILLION DOLLARS!
© Raymond J. Ramirez DVM - All Rights Reserved

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So you want to be a relief or locum tenens Doctor? things to think about

  • 1. © Raymond J. Ramirez DVM - All Rights Reserved So you want to be a Relief Doctor? • Raymond J. Ramirez DVM • Relief Dr working in over 100 clinics in two states from 1989 – 2007 • Slideshare.net/RayJRamirez
  • 2. Welcome to 50:50 Who Wants to become a Veterinary Relief Doctor Millionaire 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 3. © Raymond J. Ramirez DVM - All Rights Reserved
  • 4. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 5. © Raymond J. Ramirez DVM - All Rights Reserved This world renown veterinarian is discussing the traits a good relief veterinarian should have: 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 A: Dr James Herriot B: Raymond J. Ramirez DVM C: Lydia Gray, DVM, MS D: Robert M Miller DVM
  • 6. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 7. © Raymond J. Ramirez DVM - All Rights Reserved This is the official title of a veterinarian who is doing relief work. 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 A: loco B: crazy C: unusual D: Locum tenens $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 8. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 9. © Raymond J. Ramirez DVM - All Rights Reserved What is not a reason one would have for becoming a relief veterinarian? 50:50 A: Want to change the world one practice at a time C: Looking for best place to work 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Have family at home and want more flexiblilty D: Retired but want to keep up
  • 10. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 11. © Raymond J. Ramirez DVM - All Rights Reserved This is not a reason why veterinarians consider performing relief work 50:50 A: take spontaneous time off C: Flexibility of schedule 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Want to get more vacation D: Looking for permanent work
  • 12. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 13. © Raymond J. Ramirez DVM - All Rights Reserved This would be an attribute about my practice habits that would be problematic as a relief veterinarian 50:50 A: enjoy learning different anesthetic protocols C: Enjoy taking my time with each client – minimum 1 hour 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Enjoy learning new medication / vaccine protocols D: Willing to go with flow
  • 14. © Raymond J. Ramirez DVM - All Rights Reserved Congratulations! Congratulations! You’ve Reached the $1,000 Milestone!
  • 15. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 16. © Raymond J. Ramirez DVM - All Rights Reserved Which of these skills as a relief doctor would not expand your ability to help the hiring clinic 50:50 A: expedient surgical skills C: Have good typing skills 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Afraid to ask colleague to critique my skills D: Adaptable to a new clinic protocol – not ‘my way or the highway’
  • 17. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 18. © Raymond J. Ramirez DVM - All Rights Reserved Which of the background check items may not give you a positive reference if you were to give it to a prospective clinic 50:50 A: Doctor references C: License lookup 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Google check D: Governor Blagojevich phone number
  • 19. © Raymond J. Ramirez DVM - All Rights Reserved
  • 20. © Raymond J. Ramirez DVM - All Rights Reserved
  • 21. © Raymond J. Ramirez DVM - All Rights Reserved
  • 22. © Raymond J. Ramirez DVM - All Rights Reserved
  • 23. © Raymond J. Ramirez DVM - All Rights Reserved
  • 24. © Raymond J. Ramirez DVM - All Rights Reserved
  • 25. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 26. © Raymond J. Ramirez DVM - All Rights Reserved The following is not recommended dress attire as a locum tenens veterinarian 50:50 A: Clean tee shirt and dress slacks or scrubs C: White coat over professional pant business suit 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Long sleeve dress shirt/ dress pant/ tie D: Professional dress and smile
  • 27. © Raymond J. Ramirez DVM - All Rights Reserved
  • 28. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 29. © Raymond J. Ramirez DVM - All Rights Reserved This financial program can not make it easier to keep track of income and expenses 50:50 A: Quickbooks C: Pen/ paper 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Quicken Home and Buisenss D: Excel
  • 30. © Raymond J. Ramirez DVM - All Rights Reserved
  • 31. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 32. © Raymond J. Ramirez DVM - All Rights Reserved When preparing to be at a clinic in the next week, the following would be least helpful to do: 50:50 A: Find out core/non core vaccines C: Find out heartworm and chronic medication 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Call clinic to make sure no date/ time changes D: Find out about Mandated employee breaks
  • 33. © Raymond J. Ramirez DVM - All Rights Reserved Congratulations! Congratulations! You’ve Reached the $32,000 Milestone!
  • 34. © Raymond J. Ramirez DVM - All Rights Reserved
  • 35. © Raymond J. Ramirez DVM - All Rights Reserved
  • 36. © Raymond J. Ramirez DVM - All Rights Reserved Anticipation and Follow up Follow up form Date/client/ presenting compliant/ treatment done / resolution if any. Available Word document at ramirezdvm.com What could I have done to make my stay there better.
  • 37. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 38. © Raymond J. Ramirez DVM - All Rights Reserved The following is required to have and to give to the clinic when performing your first locum tenens job as an independent contractor as defined by the IRS 50:50 A: Federal Identification number C: Workmans Compensation Insurance 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: W9 form D: Separate personal / business accounts
  • 39. © Raymond J. Ramirez DVM - All Rights Reserved Independent Contractor Benefits  Deduct car mileage  Deduct uniform expenses  Deduct medical equipment – stethoscope,  Deduct books, subscriptions, dues, VIN subscriptions**  Deduct cell phone bills  Deduct computer purchased used for work  ? Home office Disadvantages  Keeping track of receipts (easier with computer)  Sending in quarterly payments  Likely need accounting assistance  Some extra year end tax forms ** = Raymond J. Ramirez DVM is employed by VIN as a representative
  • 40. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 41. © Raymond J. Ramirez DVM - All Rights Reserved The following license is not required to practice medicine, take radiographs, prescribe controlled anesthetics, and sign health certificates 50:50 A: Illionios state (& controlled substance license) C: Radiation monitor 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 B: DEA D: Accreditation $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 42. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 43. © Raymond J. Ramirez DVM - All Rights Reserved Without your own personal Drug Enforcement Agency (DEA) number, you can only do the following: 50:50 A: Euthanize a patient in clinic C: Prescribe Phenobarb from clinic pharmacy 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 B: Anesthetize a patient in clinic with controlled drugs. D: Anesthetize a patient with Propofol/ inhalant anesthetic
  • 44. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 45. © Raymond J. Ramirez DVM - All Rights Reserved As an Independent Contractor under the IRS guidelines, you should receive a 1099 form from the clinic where you made more than: 50:50 A: $ 600 B: $ 800 C:$ 1,000 D: $1,500 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 46. © Raymond J. Ramirez DVM - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 47. © Raymond J. Ramirez DVM - All Rights Reserved This is the only Illinois city west of the Mississippi River 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 A: Quincy B: Kaskaskia C: Cairo D: None $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100
  • 48. © Raymond J. Ramirez DVM - All Rights Reserved YOU WIN $1 MILLION DOLLARS!
  • 49. © Raymond J. Ramirez DVM - All Rights Reserved