Tax Strategies & Health Insurance Options for the 1099 CRNA – NCANA Session 3
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As a CRNA, transitioning to 1099 work can be a game-changer for your career and financial future. Sharon made this move in recent years and is sharing the experience in a series along with Jeremy’s insight on the financial side of the transition. This three-part discussion is aimed to help educate other CRNAs who are considering the move to 1099, and today’s episode will be a bit more detailed with a focus on the tax concepts and strategies you need to know about.
Here’s some of what we discuss in this episode:
- The three main health insurance options that 1099 workers typically choose from.
- What’s so important about section 179 of your tax return?
- What deductions can you take and what can’t you take?
- The retirement saving options you have and what’s best.
- The Qualified Business Income deduction and why it’s a hidden gem.
Listen to Preparing to Become a 1099 CRNA – NCANA Session 2: https://beyondthemaskpodcast.com/preparing-to-become-a-1099-crna-ncana-session-2/4918/
Listen to Does It Make Sense for CRNAs to Go 1099? – NCANA Session 1: https://beyondthemaskpodcast.com/does-it-make-sense-for-crnas-to-go-1099-ncana-session-1/4796/
Are you a Resident or CRNA looking to transition into independent practice? The AANA and Beyond the Mask are here to help you thrive as your own boss!
Introducing the 1099 CRNA Institute – taught by 'Beyond the Mask' hosts Jeremy Stanley and Sharon Pearce. This comprehensive educational series provides detailed guidance on business structure, legal and tax implications, and financial management tailored specifically for 1099 CRNAs.
Visit AANA.com/1099 to learn more and take the first step toward your new future.
Visit us online: https://beyondthemaskpodcast.com/
The 1099 CRNA Institute: https://aana.com/1099
***Use coupon code BEYOND1999 to get 20% off through November 2024
Get the CE Certificate here: https://beyondthemaskpodcast.com/wp-content/uploads/2020/04/Beyond-the-Mask-CE-Cert-FILLABLE.pdf
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368 episodes