Are you a remote business owner, digital nomad, or RV entrepreneur? Well, then you may have heard the latest buzz in the business world. It’s all about the new Beneficial Ownership Information (BOI) reporting. Let’s dive into the details so you understand what this new regulation means for you and your business. BOI Reporting This…
Entrepreneurship is often considered a journey filled with challenges, triumphs, and the satisfaction of building something meaningful. For couples, this journey can be a whole new challenge. Let’s explore the dynamics of owning a business with your spouse. The Strength of Partnership Launching and running a business with your spouse involves more than shared responsibilities—it’s…
You want to be your own boss. This sounds like a dream come true, right? No more running around after someone else. You get to pick the projects you work on and maybe even choose your own hours. Plus, if you’re the boss, you can create the kind of business that you really love. Being…
Are you looking to start or grow a business to help you live your dream nomad life? Are numbers, finances, and taxes the thing you avoid? Are you struggling with where to begin, and how to register, and want to make sure it’s all done right? Here’s why RVers and nomadic entrepreneurs need tax services.…
Starting a business involves navigating through a multitude of legal and administrative requirements. One such consideration is whether you need an EIN for a DBA. Let’s chat about whether snagging an EIN should be on your to-do list when it comes to your new DBA. I’ll help you understand whether obtaining an EIN for a…
Did you buy an RV to rent out as a business venture? You’re not alone. Let’s review the tax treatment of an RV rental business. RV Rental Business Owning and operating an RV rental business opens up a world of opportunities for travelers seeking adventure on wheels. However, alongside the excitement comes the responsibility of…
You’re retired and collect social security. Did you know that social security is taxed? But how do you determine how much gets taxed? Let’s review so it’s clear how much social security is taxed. If you’re making more than $25,000 as an individual or $32,000 as a married couple filing jointly, you’ll need to pay…
Health insurance can be a big expense and is an important item to consider as a self-employed individual. Did you know there’s a way to get it tax-deductible? Let’s dive in and learn how to deduct health insurance as an S corp owner. 1. Be an eligible S corp owner Only certain individuals are eligible…
As we all know, all US citizens are required to file a federal tax return every year as long as income exceeds the minimum filing requirements. However, some digital nomads might also need to file a state tax return if they keep a state residency. Fortunately, it’s easy enough to change your state residency as…
The vast majority of taxpayers including digital nomads get through filing a tax return without any major problems. Just in case, here are 3 tips to help you survive an IRS audit. Many think the IRS has bigger fish to fry. You would be right most of the time; the odds of the average person…
Hi! I’m Heather Ryan, EA and I get RVlife. As a fellow digital nomad, I understand many of the unique tax situations created by travel. I also fully support entrepreneurs and the struggles they face. The goal of this site is to offer my knowledge through advice and tips to real-life situations and questions.
Are you getting ready to transition to full-time RVing? Are you already on the road?
This book has everything you need to know about taxes as an RVer.
Disclaimer:
This website is for general information only and is not intended to substitute for obtaining legal, accounting or financial advice. It is not rendering legal, accounting or other professional advice. Presentation of the information on this website is not intended to create a client relationship. For specific tax assistance please consult a tax professional on an individual basis.
While I make every effort to furnish accurate and updated information, I do not guarantee that any information contained in this website is accurate, complete, reliable, current or error-free. I assume no liability or responsibility for any errors or omissions in its content