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TAX TIPS ON THE ROAD

Articles about Taxes for RV Entrepreneurs & Digital Nomads

Articles about Taxes for RV Entrepreneurs & Digital Nomads

2-Provisions-That-Allow-for-100000-Tax-Free-IRA-Borrowing-min

2 Provisions That Allow for $100,000 Tax-Free IRA Borrowing

The $2 trillion COVID19 economic recovery bill titled the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) offers, among many things, some meaningful tax relief. Let’s go over two tax relief measures in the CARES Act that can potentially benefit IRA retirement account owners. The biggest one being tax-free IRA borrowing. Do you have…

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Amazing Way to Use Health Insurance as a Tax Deduction

Amazing Way to Use Health Insurance as a Tax Deduction

Health insurance is no fun topic. There’s lots of debate around the necessity of paying high premiums. However, if you’re self-employed (i.e. you work as a contractor or freelancer), then pay attention. It’s important to know how to take health insurance as a tax deduction. If you’re self-employed, work as a contractor or freelancer, then…

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PPP-Loan-Forgiveness Tax Queen

PPP Loan Forgiveness and Recording PPP loan funds

Congrats! You’ve applied and received PPP (Paycheck Protection Program) funds. Now what? Let’s learn about PPP loan forgiveness and how to account for the funds on the books. First, the basics of the PPP funds as a recap. PPP Loan basics review The maximum PPP loan amount is 2.5 times your average monthly payroll expenses,…

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PPP-Loan-for-Self-Employed Tax Queen

How to Apply for a PPP loan if You’re Self-employed

If you missed out on the original funding for the PPP loan, then have no fear. More funding has been approved! Are you ready? Let’s help you understand how to apply for a PPP loan if you’re self-employed. If you are self-employed, with no employees, you absolutely need to qualify for this loan and its…

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Top-Questions-About-Disaster-Loans-Available-to-Small-Businesses-min

Top Questions About Disaster Loans Available to Small Businesses

There’s no doubt about it. The COVID-19 pandemic has upended all aspects of life around the world, including the world of small businesses here in the U.S.  If your business is struggling you may be able to get some help from the federal Small Business Administration (SBA), which is authorized to make loans available to…

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Top 10 Coronavirus Stimulus Questions

Top 10 Coronavirus Stimulus Questions & Answers

With everything that is going on recently, I’m getting lots of questions about when, how and who will receive the stimulus check as part of the latest government actions. Specifically, I’m talking about the CARES Act passed by the US government just last week. So, here are your coronavirus stimulus questions answered. Coronavirus Stimulus Questions:…

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Create-a-Financial-Plan-from-the-Coronavirus-min

5 Steps to Create a Financial Plan for the Coronavirus

No matter where you currently are parked, you’re likely being impacted by this crazy coronavirus pandemic. I’m also guessing that you are worried about how it will impact your business finances including taxes. Now’s the time to create a financial plan. I’m sure many of you are experiencing financial changes to your business already. It’s…

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7 Easy Ways to Reduce Self-employment Taxes

Who here doesn’t like seeing their tax liability? I think most of you just mumbled “me” to yourself. Am I right? Here are 7 ways to reduce self-employment taxes for small business owners. By now I’m pretty sure you understand you have self-employment tax obligations as a small business owner or RV entrepreneur. Understanding self-employment…

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tax return as a nomad

5 Tips to Help File Your Tax Return as a Nomad

Tax time is upon us again. If that brings up frustrations or makes you shudder, have no fear.  Follow these tips to make things a little easier for your tax return as a nomad. While taxes are not the most fun thing in life, it is an important one. It’s also a given if you…

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Heather-Ryan-Tax-Queen

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.

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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

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