Author: Krisha Barot

Owner draws are a common source of confusion for LLC owners, S-Corp owners, and 1099 contractors. In many pass-through businesses, the key point is that business income is generally taxed when it is earned, not when the owner withdraws money from the business account.  This means you rarely face double taxation on owner draws. However, you must still… Continue reading Are Owner Draws Taxed Twice? What LLC and S-Corp Owners Need to Know

The June 15 estimated tax deadline is an important Q2 checkpoint for 1099 contractors because it gives you a chance to review income, deductions, prior payments, and tax liability before sending your next payment. For freelancers, independent contractors, CRNAs, locum tenens providers, and other self-employed professionals, you should not treat the June 15 payment as… Continue reading June 15 Estimated Tax Deadline: What 1099 Contractors Need to Review Before Paying

S-Corp tax planning for CRNAs can create tax savings for high-income 1099 anesthesia professionals. This works only when the structure is set up, managed, and documented correctly.  For most CRNAs, the S-Corp discussion begins when 1099 or locum tenens income increases. The tax-planning process goes beyond just filling out forms. It involves payroll, distributions, reasonable… Continue reading S-Corp Tax Planning for CRNAs: Save on 1099 Taxes in 2026

An online accountant for CRNAs should understand more than basic tax preparation. If you earn 1099 income or take locum contracts, your tax situation needs more specialized guidance.  For many CRNAs, accounting is not just something you handle once a year when filing a federal tax return. It also involves clean online bookkeeping, estimated tax planning,… Continue reading Online Accountant for CRNAs: What to Look For and Why It Matters in 2026

Imagine finishing your tax return, expecting to owe a manageable amount, only to realize you significantly overpaid.  For many CRNAs, this happens more often than expected. It’s rarely about making a mistake. Instead, it usually comes from playing it safe with estimated payments, missing deductions, or not having a structured tax plan in place throughout the year.  This guide will help you understand why… Continue reading How to Handle Overpaid Taxes as a CRNA (2026 Post-Filing Guide) 

Filed taxes late 1099 contractor situations are more common than most people think, especially for CRNAs and locum tenens professionals managing multiple contracts, shifts, and administrative responsibilities. This guide walks through what actually happens when you file late, what penalties apply, and what steps you can take immediately to correct the issue and move forward with a… Continue reading Filed Taxes Late as a 1099 Contractor? What to Do and How to Fix It

The individual tax return deadline is approaching, and if you need more time to file your return in 2026, you still have options.  Many individuals find themselves close to the deadline without complete documents or a clear understanding of their tax situation. This blog explains how to file a tax extension quickly, what the IRS extension… Continue reading Still Need More Time? How to File a Tax Extension Before the 2026 Deadline