If you’re a CRNA running your own S-Corp, you’ve probably heard about “reasonable compensation.” But what does it actually mean — and how do you calculate it correctly? In this episode of Money Moves for CRNAs, we break down how to pay yourself the right salary, stay IRS-compliant, and save money on taxes.

#CRNA #SCorp #ReasonableCompensation #TaxTips #MoneyMovesForCRNAs

Chapters:

• 00:00 – Introduction
• 01:04 – What is reasonable compensation?
• 02:00 – Why It Matters: IRS Focus & Risk 
• 02:30 – The Silver Lining: Financial Planning Benefits 
• 02:53 – How to Figure Out a Reasonable Salary 
• 04:10 – Real CRNA Example & Documentation
• 05:38 – Consequences of Getting It Wrong
• 06:28 – Compliance Checklist 
• 07:17 – Wrap Up

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Down markets don’t have to mean lost money — they can mean massive opportunity. This episode breaks down “Play Three” of your CRNA Roth IRA strategy: converting during downturns for tax-free rebounds. Randy Larkin walks you through how S-Corp CRNAs can cut taxes in peak years, leverage senior deductions, and use market dips to grow wealth faster. Get the full game plan for turning taxes into long-term freedom.

Chapters:

• 00:00 - Introduction
• 00:18 - Recap: Cutting Taxes and Building a Roth Strategy 
• 00:32 - Today's Topic: Turning Market Dips into Opportunity 
• 01:00 - Play Three: Use Market Drops 
• 02:21 - Why CRNAs Win Bigger with This Strategy 
• 03:38 - Your Three-Part CRNA Tax Playbook 
• 05:00 - Full CRNA Roth IRA Strategy Recap 

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Taxes don’t have to be a burden — they can be your biggest advantage if you know the right moves. In this episode, we dive into practical strategies tailored for CRNAs working as 1099 contractors through S-corps. Discover how to optimize your income with Solo 401(k)s, take advantage of Roth conversion windows (including the short-lived senior deduction), and seize downturns as tax-free growth opportunities. This is your roadmap to financial freedom and control in retirement.

Chapters:

• 00:00 – Introduction
• 00:34 – Last episode recap
• 00:51 – How S-Corps turn taxes into opportunities
• 01:24 – Why taxes don’t have to hurt anymore
• 02:54 – Play One: Save thousands with a Solo 401(k) 
• 05:00 – Play Two: Convert to Roth at lower tax rates
• 07:07 - Closing

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The OBBBA just delivered big tax wins for CRNAs. From locked-in low tax brackets to a larger standard deduction, these changes could save you thousands without adding extra shifts. You’ll also learn about new perks for parents, seniors, and charitable givers—plus why the SALT deduction increase matters if you live in a high-tax state. Tune in to see how these updates translate into more money in your pocket.

Download your free two-page handout with all seven major tax updates for CRNAs here:
The One Big Beautiful Bill Handout

Chapters:

• 00:00 - Introduction
• 01:14 -  What the OBBBA means for 1099 CRNAs 
• 01:22 - Chapter 1: Tax Brackets Stay Low 
• 01:54 - Chapter 2: A Bigger Standard Deduction 
• 02:42 - Chapter 3: Extra Deduction for Seniors
• 03:20 - Chapter 4: Improved Child Tax Credit 
• 03:57 - Chapter 5: Charitable Giving Made Easier 
• 04:22 - Chapter 6: Higher SALT Deduction Cap 
• 04:46 - Closing & Takeaways 

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What if every dollar of your small business profit was taxed with no tax break? That was the reality before 2017. In this episode, we unpack the story of the Qualified Business Income Deduction (QBI)—from its creation in the Tax Cuts and Jobs Act, to its near expiration, to the sweeping bill that made it permanent. You’ll learn how this 20% deduction reshaped taxes for small CRNA businesses, and why its permanence is a game-changer for 1099 CRNAs, shop owners, and entrepreneurs everywhere.

Download your free two-page handout with all seven major tax updates for CRNAs here:
The One Big Beautiful Bill Handout

Chapters:

• 00:00 - Introduction
• 01:00 - The Story of QBI Deduction
• 01:50 - Part 1: What taxes look like before 2017
• 03:00 - Part 2: QBI is born
• 04:30 - Part 3: QBI is made permanent after 2025
• 06:55 - Recap
• 08:12 - Outro

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Think you earn too much for a Roth IRA? Think again. This episode reveals the legal backdoor strategy that lets high earners unlock the powerful tax-free growth of a Roth IRA. You’ll learn the exact steps to make it happen, the perfect timing to maximize your gains, and the pitfalls—like the tricky pro-rata rule—you need to avoid. If you want to keep more of your money growing tax-free for decades, this is the episode you can’t afford to miss.

Chapters:

• 00:00 - Introduction
• 01:00 - Step 1 - What is the Backdoor Roth IRA
• 01:24 - Step 2 - After tax contributions only
• 01:49 - When should we do it?
• 02:43 - Pro rata rule
• 03:15 - Timeline for Backdoor Roth IRA
• 04:07 - Recap Time
• 05:01 - Next Episode

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Imagine growing your money for decades and pulling it out tax-free in retirement. Sounds too good to be true? It’s not—if you know how to use a Roth IRA the right way. In this episode, we cover the simple rules every 1099 CRNA needs to know to take full advantage.

Chapters:

• 00:00 - Introduction
• 01:23 - What is Roth IRA?
• 01:50 - Rule #1: How much money you make matters
• 02:55 - Rule #2: How much you can put in?
• 03:30 - Rule #3: You have to have a job
• 03:56 - Rule #4: No age limit
• 04:21 - Rule #5: Deadlines matter
• 04:44 - Rule #6: Spousal contribution
• 05:07 - Bonus Tip
• 05:25 - Recap time
• 06:08 - Next episode

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🎧 Episode 1 – CRNA Tax Tip: How an IRS Audit Erased $36K in Deductions

A true story with a $36,000 lesson. In this short episode, Randy Larkin from Atlanta Tax Planner explains how one trucker lost big in an IRS audit — and what every 1099 CRNA can learn from it.

💡 What You’ll Learn:
• Why “no receipts = no deductions” still rules
• What records the IRS actually requires
• Simple systems CRNAs can use to stay audit-ready

📌 Related Episodes:
• Ep. 9 – 3 Best Free Mileage Apps for 1099 CRNAs (2025)

Listen on your favorite podcast app:
Apple Podcasts | Spotify | Amazon Music | YouTube

More CRNA tax resources → https://CRNAtaxes.com

#CRNA #TaxTips #IRS #Audit #1099CRNA #AtlantaTaxPlanner

Chapters
00:00 - Introduction
00:53 - Tax court case
01:16 - Keep records
01:37 - Cash payments
02:05 - Travel and Meals
02:32 - Miscellaneous expenses
03:05 - Medical Expenses
03:40 - Action Plan
04:10 - Next Episode

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