Entries by Kyle Schmidt

Travel Nursing Pay – Record Keeping for Tax Purposes: Part 1

Travel nurses must continually maintain accurate tax records so that they can quickly and efficiently complete their taxes, or transmit the records quickly and efficiently to their tax adviser. Maintaining adequate records for tax purposes is extremely important to maximizing your potential and minimizing your input as a travel nurse. It will not only ensure that […]

Travel Nursing Pay – Working as an Independent Contractor

Many travel nurses and travel allied health professionals express interest in working as independent contractors. Unfortunately, the vast majority of healthcare workers, registered nurses included, do not meet the requirements set by the IRS to be considered independent contractors. In the end, it really depends on the particular work setting and the relationship between the payer and […]

Travel Nursing Pay – Information for Travel Nursing Couples

As a travel nursing recruiter I worked with many travel nursing couples and a few groups. While almost everything is the same for couples and groups, there are some key differences to be aware of. First, there are rules that may alter the way travel nursing companies handle your company provided housing or lodging stipends.

Travel Nursing Pay – Is It OK to Take $10 Per Hour as an RN?

As we discussed in the article on travel nursing pay packages, travel nursing agencies can split up the travel nursing pay package in many different ways. For example, some agencies structure their pay packages with lower taxable hourly rates and higher tax free reimbursements. Sometimes, you’ll find taxable base rates as low as $10 per […]

Travel Nursing Pay – Qualifying for Tax-Free Stipends: Part 4: The 3 Factor Threshold Test

In our previous blog post, we discussed how to qualify for factors 2 and 3 of the 3 Factor Threshold Test that the IRS uses when determining whether or not a tax payer qualifies to receive tax-free stipends. In this blog post, we’ll discuss factor 1. We chose to tackle factor 1 last because of its subjective […]

Travel Nursing Pay – Qualifying for Tax-Free Stipends: Part 3: The 3 Factor Threshold Test

Now that we have made the distinction between indefinite work and temporary work, and we have discussed how to maintain temporary status as a travel nurse, we can move on to our discussion about how to maintain a legitimate tax home. Again, the three factor threshold test is going to be in play for the […]