Sole Proprietor vs S-Corp for CRNAs: Maximizing Your 1099 Income

Welcome to our comprehensive guide for CRNAs navigating the complexities of 1099 income! 🌟 In this video, we dive into the crucial decision of choosing between a Sole Proprietorship and an S-Corporation for your freelance or locum tenens work. 📈

👩‍⚕️ Are you a CRNA working as an independent contractor and wondering how to optimize your tax situation? This video is tailored just for you! We explore two real-life scenarios with Ann Esthesia and Nora Nephrine (can we get a high five for these names? ✋), breaking down the financial and tax implications of both structures.

💡 Learn about the nuances of self-employment taxes, retirement contributions, and how the choice between Sole Proprietorship and S-Corporation can impact your financial future. Plus, get insights on the additional administrative tasks and potential tax savings each option presents.

✔️ Our goal is to help you make an informed decision that aligns with your professional and personal financial goals. Remember, every CRNA's situation is unique, so personalized advice is key.

👉 Don’t forget to visit onpointcrna.com for more tailored financial advice and insights for CRNAs.

🔔 Subscribe for more content on navigating finance in the world of CRNAs and hit the like button if you find this video helpful! Share with your colleagues and stay tuned for more!

Time Stamps
0:00 Introduction
0:37 Understanding the Basic
1:57 Case Study 1
5:19 Case Study 2
7:25 Tailoring Your Strategy
7:58 Conclusion

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