Are you confident you’re taking advantage of every available break?
Is your tax advisor giving you proactive advice to save on taxes?
If you’re like most CRNA practice owners, your answers are “no,” “no,” and “huh?”
1. Good news and bad news.
And if that’s the case, I’ve got bad news and I’ve got good news. The bad news is, you’re right. You do pay too much tax – maybe thousands more per year than the law requires.
You’re almost certainly not taking advantage of every tax break you can. Our tax code is thousands of pages long, with tens of thousands of pages of regulations. There are thousands more pages of IRS guidance, along with volumes of court cases interpreting all those laws, regulations, and guidance.
The sad reality is, there’s probably no one CRNA alive taking advantage of every tax break they’re entitled to, simply because there are so many of them out there.
2. Most tax advisors aren’t proactive.
Most tax advisors aren’t very proactive when it comes to saving their CRNA clients money. They put the “right” numbers in the “right” boxes on the “right” forms, and get them filed by the “right” deadlines. But then they call it a day.
Wouldn’t you prefer to use a tax strategist who helps you plan your taxes, so you can write your future tax history?
3. You have the biggest tax shelter in America.
The good news is, you just need a better plan. And you’ve already taken a giant step in that direction, whether you realize it or not. Owning your own business, as you do by working as a 1099 CRNA, is the biggest tax shelter left in America. Now you just have to take advantage of what you already have!
You will hear us talk a lot about some of the biggest mistakes CRNA practice owners make when it comes to their taxes. Then you will hear us teach you how, as a CRNA, you can solve these problems – legally and ethically.
4. You will not become an expert on taxes.
We’re not going to make you an expert on taxes. Albert Einstein once said “the hardest thing in the world to understand is the income tax,” and if taxes were hard for the guy who came up with the theory of relativity, it’s okay if they’re hard for the rest of us.
You’ll hear us say the word “generally” a lot. The reason for that is that the concepts are more important than the details or the exceptions.
5. Look at your taxes with a new perspective.
Our goal here is to ask some pointed questions and get you to look at your taxes with a new perspective. You make choices about your tax bill every day, but are you making the right choices? Or are you like most CRNA practice owners, leaving money on the table, wasting money on taxes you just don’t have to pay?
Supreme Court Justice Oliver Wendell Holmes once called taxes “the price we pay for civilization.” But he never said we have to pay retail!
Let us help you find discounts throughout your tax return. Start that process with Booking a Call with a CPA-trained CRNA Tax Expert.