Ep 229: $80 Billion Going to the IRS: What Does it Mean for CRNAs?

2023-02-16

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Last year, President Biden signed the Inflation Reduction Act into law, and one of the items that received many of the headlines was the $80 billion allocated to the Internal Revenue Service. This will impact every taxpayer but what does it mean specifically for CRNAs and other nurses. Your work earns a nice paycheck every year so tax changes will have an impact on you. Plus, there’s a lot to pay attention to if you’re a business owner or a 1099 worker, which is a group that many CRNAs will fall into. Here are some of the things you’ll learn on this show:

Last year, President Biden signed the Inflation Reduction Act into law, and one of the items that received many of the headlines was the $80 billion allocated to the Internal Revenue Service.

This will impact every taxpayer but what does it mean specifically for CRNAs and other nurses. Your work earns a nice paycheck every year so tax changes will have an impact on you. Plus, there’s a lot to pay attention to if you’re a business owner or a 1099 worker, which is a group that many CRNAs will fall into.

Here are some of the things you’ll learn on this show:

Background on why we’re talking about the IRS today. 2:25
How is this money being distributed and what will it be used for? 6:58
The IRS has the fewest auditors than at any time since WWII. Let’s look at some of the current auditing data. 11:48
How can CRNAs that are 1099 plan for this legislation? 16:42
Some final advice for CRNAs from Jeremy. 20:51

Contact CRNA Financial Planning: https://www.crnafinancialplanning.com/

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