Everything travel nurses need to know about travel nurse taxes, stipends and tax free money including how to qualify for it.
In our last blog post we provided some basic background information on the tax free stipends that are commonly a part of travel nursing pay packages. In this blog post, we’ll take a look at why tax free stipends are so prevalent in the travel nursing industry and how they can be beneficial to both the agency and the travel nurse.
Every company you come across will be offering you tax free stipends. In fact, you would have difficulty finding an agency willing to pay you an all taxable income with no tax free stipends at all. The very simplified logic for this is that tax free stipends are offered for travel nursing jobs because they can be. But a deeper look at the issue provides insight in to how companies benefit from offering tax free stipends and how they are in a sense almost forced to offer tax free stipends. Read more