If you’re a 1099 CRNA, your income is growing — but so are your taxes.

In this episode of Money Moves for CRNAs, Randy Larkin, CPA, explains LLC tax flexibility in simple terms and why it matters so much for CRNAs working as independent contractors.

This episode builds on the last conversation where we explained why 1099 CRNAs are businesses — not just providers. Now, we take the next step and explain how your LLC gives you tax options that W-2 employees don’t have.

You’ll learn:

• How LLCs are taxed by default for 1099 CRNAs
• Why self-employment tax hits CRNAs so hard
• When an S corporation election starts to make sense
• Why LLC tax flexibility matters more as income grows
• Common tax mistakes CRNAs make when they don’t plan ahead

This episode is for CRNAs who:

• Feel anxious about taxes and quarterly payments
• Are making good money but feel unsure about structure
• Want clarity without tax jargon or sales pressure

🎧 This podcast is for educational purposes only and is not personalized tax or financial advice.

Chapters:
00:32 - Why This Episode Matters for 1099 CRNAs
01:37 - What “LLC Tax Flexibility” Really Means
02:11 - How the IRS Taxes LLCs by Default
03:14 - The S Corporation Option Explained Simply
04:03 - Can a C Corporation Ever Make Sense?
04:27 - Why Tax Strategy Should Change as Income Grows
05:59 - What’s Coming Next in the Series

Music licensed from PremiumBeat.com under License #7394047

If you’re a 1099 CRNA, you’re already running a business — whether you planned to or not.

The IRS, hospitals, and courts all treat independent CRNAs like businesses. The problem? Many CRNAs go 1099 for flexibility or higher pay but keep operating like employees. That gap creates risk, higher taxes, and stress.

This episode kicks off The CRNA Business Basics Series and explains — in plain language — why an LLC matters for 1099 CRNAs.

In this episode:

• Why 1099 CRNAs are considered businesses
• The risks of working without an LLC
• How an LLC protects your personal life from business problems
• When an LLC helps with taxes (and when it doesn’t)
• Why structure = clarity, confidence, and less stress

If you’re a CRNA working independently and want to build smarter money habits, this episode is a must-listen.

Chapters:
00:00 - Introduction
00:32 - 1099 CRNA? The IRS Already Sees You as a Business
01:09 - The Biggest Misconception CRNAs Make When Going 1099
02:18 - CRNAs Work in a High-Risk Profession
03:27 - How an LLC Separates You From Your CRNA Work
04:22 - 1099 CRNA Taxes Explained Simply
05:29 - Cleaner Money, Less Stress for 1099 CRNAs
06:19 - Looking Professional as a CRNA Business Owner
06:54 - Thinking Beyond Today’s Shift (Flexibility & Future Planning)
07:23 - What an LLC Does NOT Do (Important Limits)
07:49 - Final Thoughts: You’re Already a Business Owner

Music licensed from PremiumBeat.com under License #7394047

#CRNA #1099CRNA #CRNATaxes #CRNABusiness #LLCforCRNAs #CRNAFinancialPlanning #MoneyMovesForCRNAs

The U.S. House of Representatives just passed two important tax-related bills that could significantly impact 1099 CRNAs and self-employed anesthesia providers.

In this episode of Money Moves for CRNAs, we break down:

• The FAIR Act, which changes how IRS penalties must be approved
• New protections that prevent improper penalty pressure during audits
• Major updates to the U.S. Tax Court that affect small business owners
• How these changes may help CRNAs dispute IRS penalties more fairly
• Why planning before an IRS issue matters more than reacting later

If you’re a CRNA operating as an independent contractor, these updates could affect how audits, penalties, and tax disputes are handled moving forward.

Chapters:

• 00:00 - Introduction
• 00:51 - New Tax Bills Affecting the IRS
• 02:11 - FAIR Act: IRS Penalty Review
• 02:31 - IRS Audits and Supervisor Approval
• 02:59 - Written Approval for IRS Penalties
• 03:09 - How the FAIR Act Protects Taxpayers
• 04:30 - Tax Court Improvement Act
• 05:01 - Subpoenas Before Tax Court Hearings
• 05:38 - Tax Court Deadline Extensions
• 06:47 - What 1099 CRNAs Should Do Now

Music licensed from PremiumBeat.com under License #7394047

#CRNATaxes #1099CRNA #IRSAudit #IRSpenalties #TaxCourt #SelfEmployedTaxes #MoneyMovesForCRNAs