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tax

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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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

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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Full-time RV living: Can I deduct travel expenses on my taxes?

Most of you proudly identify yourself as a full-time RVer or digital nomad because you’re living your dream. You are lucky enough to travel full-time while working remotely from the road. Does this mean you can take all your costs as a travel expense? Remember, you don’t live in a sticks-and-bricks home with a typical 9-5 lifestyle like the …

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Residential Energy Efficient Property Tax Credits: Solar

This year is different, because this was the year you installed solar on your RV (or qualifying property), and now you’re ready to get that big fat tax credit to take 30% right off the top of that expense. I’m here to hopefully clarify this process. If you’re reading this and haven’t yet installed solar on your RV, …

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RV Life and Taxes

4 Possible Tax Deductions for RV owners Explained

Unfortunately, for us RV owners who full-time, some of our deductions are limited as compared to a sticks and bricks homeowner. However, there is some overlap. As an RV full-timer myself, I understand the limitation of tax deductions for RV owners. I also get asked similar questions often. Let’s dive into the top 4 questions I …

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