Money Moves for CRNAs

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✅ Get your free 1099 CRNA Tax Checkup here: https://crnataxes.kit.com/crna-tax-checkup
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If someone asked you today how you came up with your S-Corp salary, could you explain the calculation?

Or could you only tell them the number?

For a 1099 CRNA with an S corporation, reasonable compensation should not simply come from a percentage of income, another CRNA’s salary, or last year’s number. It should reflect the work you are actually doing.

In this episode of Money Moves for CRNAs, Randy Larkin, CPA, explains what should go into a reasonable compensation calculation and why two CRNAs with the same business income may still have very different S-Corp salaries.

In this episode, you’ll learn:

• Why your hours and weeks worked matter when calculating reasonable compensation
• Why two CRNAs earning the same amount may have different S-Corp salaries
• Why clinical work is not the only work that may count
• How payroll, bookkeeping, contracts, credentialing, banking, and other business duties can matter
• Why your location, contracts, and work setting may affect the facts behind your salary
• Why a large increase in business income does not automatically mean your salary should increase by the same percentage
• Why reasonable compensation should not simply be based on a percentage of business income
• Why you should be able to support how your S-Corp salary was calculated 

The goal is not to pick the lowest salary you think you can get away with.

The goal is to have a salary that is reasonable and supportable based on the work you actually performed.

Because reasonable compensation should start with the facts behind the number—not the number itself.

If you already have an S corporation but wonder whether there are other parts of your tax setup you may be missing, download the free 1099 CRNA Tax Checkup using the link above.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:
00:30 – Could You Explain Your S-Corp Salary?
01:04 – Why Your Hours and Weeks Worked Matter
01:50 – Your Clinical and Non-Clinical Work
02:30 – Location, Contracts, and Work Setting
03:02 – What If Your S-Corp Income Goes Up?
03:47 – Can You Support Your Salary Number?
04:24 – Why Reasonable Compensation Can Change
04:46 – The Big Question for 1099 CRNAs
04:58 – 1099 CRNA Tax Checkup

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✅ Get your free 1099 CRNA Tax Checkup here: https://crnataxes.kit.com/crna-tax-checkup

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If your S-Corp salary was $180,000 last year, should you automatically use $180,000 again this year?

Maybe. But not just because that was your salary last year.

For a 1099 CRNA with an S corporation, reasonable compensation should reflect what is actually happening in your business. Your hours may change. Your responsibilities may change. Your contracts may change. And your business income may change.

In this episode of Money Moves for CRNAs, Randy Larkin, CPA, explains four reasons your S-Corp salary may deserve another look.

In this episode, you’ll learn:

•  Why last year’s S-Corp salary may not automatically work this year 
•  How changes in the number of hours you work can affect reasonable compensation 
•  Why your duties and responsibilities matter when reviewing salary 
•  How a new contract or work setting can change the facts behind your salary 
•  Why a large change in business income may be a reason to review your compensation 
•  Why reasonable compensation is not simply a percentage of business income 
•  Why copying another CRNA’s salary may not fit your situation 
•  Why the goal is a reasonable and supportable salary based on your own facts 

You do not necessarily need to change payroll every time something small happens. But when your business changes in a meaningful way, your reasonable compensation deserves another look.

Because a salary that made sense last year may not make sense this year.

If you already have an S corporation but wonder whether there are other parts of your tax setup you may be missing, download the free 1099 CRNA Tax Checkup using the link above.

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🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:
00:29 – Should You Use the Same S-Corp Salary Again?
00:47 – Why Your Reasonable Compensation Can Change
01:18 – #1: Your Hours Changed
02:08 – #2: Your Duties and Responsibilities Changed
02:48 – #3: Your Contract or Work Setting Changed
03:33 – #4: Your Business Income Changed
03:55 – Why a Percentage of Income Is Not the Answer
04:27 – The Big Takeaway for 1099 CRNAs
04:58 – 1099 CRNA Tax Checkup

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✅ Get your free 1099 CRNA Tax Readiness Review here: https://crnataxes.kit.com/crna-tax-readiness-review
👉 Work With Us: https://CRNAtaxes.com

If you're a 1099 CRNA with an S corporation, how much should you pay yourself in salary?

Your S Corp salary isn't just a number to pick once and forget about. If the IRS believes your compensation is too low for the work you're performing, some S corporation distributions could potentially be reclassified as wages—leading to additional payroll taxes, penalties, and interest.

In this episode of Money Moves for CRNAs, Randy Larkin of Atlanta Tax Planner explains S Corp reasonable compensation, why the IRS cares about your salary, and why there isn't one salary that automatically works for every CRNA.

You'll learn:

• What reasonable compensation means
• Why salary and S Corp distributions are treated differently
• Why copying another CRNA's salary can be a mistake
• Why “What's the lowest salary I can pay myself?” is the wrong question
• How salary can affect retirement-plan contributions and other planning
• Why reasonable compensation should be reviewed as your business changes

The goal isn't to find the lowest possible salary. It's to establish a reasonable, supportable, and defensible salary based on your situation.

Have an S corporation but aren't sure what else in your tax setup deserves attention?

Use the link above to download the free 1099 CRNA Tax Readiness Review, then use the unchecked boxes as your action list.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:
00:00 – S Corp Reasonable Compensation for 1099 CRNAs
01:11 – What Is Reasonable Compensation?
01:58 – Why Does the IRS Care About Your Salary?
02:53 – Is There One Correct CRNA Salary?
03:23 – “How Low Can I Go?” Is the Wrong Question
04:01 – How Your Salary Affects More Than Payroll Taxes
05:00 – Why Your S Corp Salary Should Be Reviewed
05:45 – Finding a Reasonable and Defensible Salary
06:00 – 1099 CRNA Tax System Review

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✅ Get your free 1099 CRNA Tax System Review here: https://crnataxes.kit.com/crna-tax-system-review

👉 Work With Us: https://CRNAtaxes.com

1099 CRNA taxes can get complicated when you live in one place, own an S corporation in another, and work somewhere else.

Imagine living in London, owning a Pennsylvania S corporation, and flying back to the U.S. to work CRNA assignments in Vermont.

Who taxes you? And which location matters for your business, payroll, tax home, and travel expenses?

In this episode of Money Moves for CRNAs, Randy walks through this unusual example to show why a change in work location can create tax questions that are easy to miss.

For a 1099 CRNA, where you live and where you work are not always the same tax question. And traveling a long distance does not automatically mean your travel costs are deductible.

Before accepting a new CRNA contract, look beyond the hourly rate.

Look at the map.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:

00:29 – Four Places, Four Tax Questions
01:28 – Vermont: Where the CRNA Work Happens
01:53 – Pennsylvania: Where You Live vs. Where You Work
02:30 – Does the LLC Need Another State Registration?
02:55 – S Corporation Payroll Across State Lines
03:32 – Tax Home and CRNA Travel Deductions
04:36 – How the Entire Tax Map Fits Together
05:36 – What to Check Before a New CRNA Contract
05:56 – Free 1099 CRNA Tax System Review

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✅ Get your free 1099 CRNA Tax System Review here: https://crnataxes.kit.com/crna-tax-system-review
👉 Work With Us: https://CRNAtaxes.com

A 1099 CRNA can accept an assignment in the same state and still face unexpected tax consequences.

An assignment may begin as temporary, allowing certain housing, travel, and meal costs to qualify as business expenses. But the tax result may change if the contract is extended or the assignment is expected to continue much longer.

In this episode of Money Moves for CRNAs, Randy Larkin, CPA, explains:

• Why your home may not be your tax home
• When a temporary assignment may become indefinite
• How contract extensions can affect travel deductions
• Why the tax result may change before day 366
• What to review before accepting or extending an assignment

Using a Chattanooga-to-Knoxville example, Randy shows how an assignment can affect housing, meals, mileage, commuting, and the contract’s real after-tax value.

Before accepting or extending an out-of-area assignment, look beyond the hourly rate.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:

• 00:29 – When a CRNA Assignment Changes the Tax Result
• 01:16 – Chattanooga-to-Knoxville Assignment Example
• 01:52 – Your Home May Not Be Your Tax Home
• 02:28 – When Temporary Work Becomes Indefinite
• 03:40 – What Your CRNA Contract Can Reveal
• 04:32 – How the IRS Looks at Traveling Workers
• 05:02 – Housing, Meals, Mileage, and Commuting
• 05:27 – What to Check Before Extending a Contract
• 05:48 – Free 1099 CRNA Tax System Review

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✅ Get your free 1099 CRNA Tax Readiness Review here: https://crnataxes.kit.com/crna-tax-readiness-review
👉 Work With Us: https://CRNAtaxes.com

A new CRNA assignment may be only a few miles from your old one. The agency may be the same, and your commute may feel almost identical. But if the new facility is across a state line, your tax and business questions may change.

In this episode of Money Moves for CRNAs, we use a Louisville-area example to explain what can change when a 1099 CRNA moves from a Kentucky facility to a nearby facility in Indiana.

You’ll learn why the exact city, county, and state where you work matter, why state reciprocity may not answer every question involving 1099 business income, and how a new assignment may affect taxes, estimated payments, payroll, recordkeeping, and LLC or S corporation registration.

The key lesson: A short drive does not always mean a simple tax answer. One bridge can change your tax map.

Use the link above to download the free 1099 CRNA Tax Readiness Review, then use the unchecked boxes as your action list.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:

00:29 – How 4 Miles Can Change Your Tax Map

01:00 – Louisville to Indiana: A Simple CRNA Example

02:20 – Why the Actual Work Location Matters

03:20 – Does Kentucky–Indiana Reciprocity Solve It?

04:13 – Foreign LLC and S-Corp Registration Questions

05:20 – What to Review When Your Assignment Changes

06:01 – The Main Takeaway for 1099 CRNAs

06:18 – Your 1099 CRNA Tax Readiness Review

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✅ Get your free 1099 CRNA Tax Readiness Review here: https://crnataxes.kit.com/crna-tax-readiness-review
👉 Work With Us: https://CRNAtaxes.com

A $225/hour CRNA contract may sound better than a $200/hour contract.

But for a 1099 CRNA, the hourly rate is only the headline. The real question is what you actually keep after taxes.

In this episode of Money Moves for CRNAs, Randy Larkin explains why self-employed CRNAs should look at the tax facts behind each contract before accepting or extending an assignment. Location, travel, reimbursements, assignment length, multistate work, local taxes, records, and estimated tax payments can all affect the real after-tax result.

The goal is not to become your own tax expert. The goal is to recognize potential tax issues early enough to avoid expensive surprises later.

Before you accept or extend a CRNA contract, do not just ask, “What is the hourly rate?”

Ask, “What tax facts come with this contract?”

Because the highest hourly rate is not always the best after-tax result.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:
0:30 - Why the Highest Rate May Not Be the Best Contract

0:50 - What Tax Facts Come With the Contract?

2:54 - Why Location and State Taxes Matter

3:43 - Travel, Reimbursements, and Assignment Length

3:55 - Questions to Ask Before Accepting or Extending a Contract

4:41 - Free 1099 CRNA Tax Readiness Review

5:33 - When to Get Help With a CRNA Tax Strategy Session

5:49 - The Real After-Tax Result

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✅ Get your free 1099 CRNA Tax Readiness Review here: https://crnataxes.kit.com/crna-tax-readiness-review
👉 Work With Us: https://CRNAtaxes.com

If you are a 1099 CRNA, the same contract does not always create the same tax result.

In this episode of Money Moves for CRNAs, we walk through a real example of how two CRNA work arrangements can look identical on paper but create very different tax outcomes. The hourly rate did not change. The contract wording did not change. But the facts changed — and that changed the tax result.

This episode explains why income and contract clarity matter, especially for 1099 CRNAs. Assignment length, location, travel expenses, reimbursements, and multistate work can all affect your after-tax result.

Many 1099 CRNAs are not missing these issues because they are careless. They are missing them because they do not know the issues exist.

That is why proactive tax planning matters. It should help identify issues early enough to fix them, not just report the results after the year is over.

If you are a 1099 CRNA, ask better questions before tax season:
Is this assignment temporary?
Could extending the assignment change the tax result?
How are travel expenses handled?
Will this income be connected to more than one state?
Do I understand enough to know when I need help?

Start with the free 1099 CRNA Tax Readiness Review. It helps you review how you are being paid, where you are working, what your contract says, what records you are keeping, and whether any income or contract issues need attention before tax season.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:
00:30 — Same Contract, Different Tax Result?

01:12 — The Real 1099 CRNA Client Example

02:56 — Your Hourly Rate Is Not Always Your Real Rate

03:31 — Why Proactive Tax Planning Matters

04:39 — Better Questions for CRNAs

05:10 — Why 1099 CRNAs Miss These Issues

05:20 — Start With the Tax Readiness Review 

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✅ Get your free 1099 CRNA Tax Readiness Review here: https://crnataxes.kit.com/crna-tax-readiness-review
👉 Work With Us: https://CRNAtaxes.com

If you are a 1099 CRNA and tax season felt stressful, the issue may not start with your deductions, LLC, or S-corp. It may start with something much simpler: Do you clearly understand how your contract is paying you?

In this episode of Money Moves for CRNAs, we talk about why income and contract clarity matter for self-employed CRNAs. Your contract setup can affect estimated tax payments, deductions, travel records, multistate tax exposure, cash flow planning, year-end tax projections, and overall tax strategy.

Many 1099 CRNAs have multiple contracts, more than one agency, W-2 and 1099 income in the same year, stipends, reimbursements, bonuses, or travel payments. If those details are unclear, tax season can become stressful fast.

Before you focus on what you can write off or whether you should be an S-corp, start with the foundation: how you are being paid, where you are working, and what records you have.

If you find yourself saying, “I’m not sure,” “I need to check on that,” or “I didn’t realize that mattered,” those may be clues that your tax setup needs more attention.

Start with the first section of the free 1099 CRNA Tax Readiness Review: Income and Contract Clarity.

This episode is for 1099 CRNAs who want to reduce tax stress, avoid IRS concerns, improve tax planning, and make smarter financial decisions throughout the year.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters:
00:29 — The First Tax Question 1099 CRNAs Should Ask
00:51 — Why Tax Season Stress Is Usually a Symptom
01:06 — Income and Contract Clarity for 1099 CRNAs
01:39 — Common Income Issues for Self-Employed CRNAs
02:33 — How Contract Clarity Affects Your Tax Strategy
02:49 — Why Guessing Creates Tax Season Stress
03:30 — Why Generic Tax Advice Can Be Risky
04:40 — Questions Every 1099 CRNA Should Ask
05:16 — Why Income Clarity Makes the Next Tax Questions Easier
06:10 — Start With the 1099 CRNA Tax Readiness Review

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✅ Download the free 1099 CRNA Tax Readiness Review
✅ If you want help reviewing your 1099 CRNA tax setup, schedule a call at CRNAtaxes.com

Tax season stress is not always just about taxes being complicated. For many 1099 CRNAs, that stress is a sign that something in the tax setup needs more attention during the year.

In this episode of Money Moves for CRNAs, we talk about what your tax season stress may be trying to tell you. Maybe your estimated tax payments were off. Maybe your deductions were not well documented. Maybe your travel records, multistate work, S-corp payroll, or retirement planning were not fully coordinated.

The goal is not to make you feel behind. The goal is to help you use that stress as useful information so you can build a more proactive tax plan and feel more prepared before next tax season arrives.

If tax season felt rushed, confusing, or stressful, this episode will help you understand what may need attention before next year.

This episode pairs well with the free 1099 CRNA Tax Readiness Review. After you complete the review, pay attention to any areas where you are unsure, guessing, or realizing you may need more guidance. Those are often the same areas that create stress later.

And if you have not listened to Podcast #20 yet, go back to that episode next. It explains why April 15th should not be the starting point for tax planning.

🎧 Educational purposes only. Not personalized tax or financial advice.

Chapters
00:57 — Tax Stress Usually Exposes Existing Gaps
01:20 — Why Clarity Matters for Self-Employed CRNAs
01:54 — Common Issues That Create Tax Season Stress
02:23 — Signs Your Tax System Needs Attention
03:10 — Filing a Tax Return Is Not the Same as Being Tax-Ready
03:48 — The Phrases That Reveal Tax Planning Gaps
04:10 — The 1099 CRNA Tax Readiness Review
04:59 — Use Tax Stress as Information
05:05 — Next Step: Download the Free Review

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