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/ Visit us online: http://beyondthemaskpodcast.com Get the CE certificate here: https://beyondthemaskpodcast.com/wp-content/uploads/2020/04/Beyond-the-Mask-CE-Cert-FILLABLE.pdf

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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