Nomad Business Academy Coming Soon: Get on the waitlist today to be the first to know!
Do You Need an EIN for a DBA? Exploring the Essentials
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…
Driving the Path to Success: 6 Tax Items to Consider for Your RV Rental Business
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…
Do you know how social security is taxed?
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…
Easy Tips to Deduct Health Insurance as an S Corp Owner
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…
Easy Tips to Change Your State Residency as a Digital Nomad
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…
3 Vital Tips to Help You Survive an IRS Audit
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.…
Easy Ways to Organize Your Tax Documents
Tax season might be old hat by now, but there are some things about taxes that continue to perplex taxpayers, especially as digital nomads. Specifically, how to organize your tax documents? Your…
How to Report Hobby Income on Taxes
Hey, digital nomad. Is that a business or a hobby? Or is that hobby now actually a business? If your hobby or side-hustle is bringing in the dough, good for you! But…
7 Simple Items to Help You Avoid an IRS Audit
There is no foolproof way to avoid being audited even as a digital nomad. The IRS makes most of its selections either based on the fact that the filer is part of…
Income Tax Requirements as a Digital Nomad
Traveling and living outside the USA can be quite exciting. I definitely understand the appeal. However, it doesn’t matter where you go, because the US government still expects you to file a…