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Nurse Anesthetist Incorporated ?
I would echo sandman1 in that you need to talk to a CPA/tax attorney. One option that you should specifically ask about is a Limited Liability Company (LLC). They have the liability protection of corporations, the income passthrough of partnerships with usually much less paperwork. tom
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Good contract??
- CRNA's and 1099 status
First, I am not a tax accountant, you should consult a tax accountant. With that said, JWK hit alot of them, there are others to owning a business. - you can put up to 30K per year in a Keogh retirement plan, and that amount comes off pre-tax income; - if you have an office in the home, and it's your only office, a portion of your house expenses are deductible; - want those season tickets? portion deductible; - giving money to your university's scholarship fund? deductible; - got teenaged kids? hire them to do business related jobs.. oh and stop paying them allowances (after tax), they're working now :chuckle; - do you pay life insurance and your spouse/kids are the beneficiary(ies)? yep, deductible; there are alot of perks to owning your own business. Just get a good (great if you can find one) tax accountant/preparer. My sister is our tax preparer (and prepares almost all my family's taxes - including the various business entities), she continually amazes me, and browbeats me for not saving all receipts - "everything has the potential to be deductible". Tom- Embarrassing anesthesia question that I really should know
just a tip but you can use google's excellent spelling checker indirectly. i do this all the time, simply hit http://www.google.com and type the word into the search box. if it can't find a match in its index (which is built from all the insane number of web pages it processes), it will return what it considers its best "guess". actually if it finds something really close it will return that in addition to the search results. i hit google and typed in "basiculation", google returned "did you mean: fasciculation ". total time spent - less than a minute. its quite handy. tom- How do CRNAs/SRNAs benefit anesthesiology residents?
according to AANA website CRNA's are involved in research. Go to that link and look for the Research sub-heading toward the bottom of the page. tom - CRNA's and 1099 status