There are patients that we dread to care for. During report, we tactfully offer to take more patients, a more critical patient, or even offer to float to another area to avoid being assigned to the ONE patient no one wants. In the tax world, one conversation tax professionals dread is with a taxpayer that filed exempt and owes a bundle of taxes. You do everything you can to avoid the obvious and you hope the taxpayer is already aware of their situation. If they confess, it’s your chance to exhale. What is “filing exempt?” “Filing Exempt” is a term that describes any change in withholding that claims extra exemptions or declares outright exemption for tax withholding. The form that is used for this is called the W4. Most states follow this Federal form but some have their own that works similarly. Travelers file exempt for various reasons. The most common is to bolster take-home pay during a financial hardship. Those periods in life are understandable but there are other reasons travelers file exempt that do not benefit in the long haul, especially when there is an amount is owed with the annual tax return. 1) Extended period of overtime Travelers often confuse tax withholding with actual tax. The statement that someone is “taxed more” for working overtime is misleading. While more taxes may be withheld during an extended period of overtime, the extra withholding is triggered by formulas that anticipate taxes based on a prospective estimate of total annual […]

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The following is a Guest Post via Kalen Weldon Travel nursing to me when I was a child was something I didn’t really understand. I just knew my mom worked really hard and it was her dream to be a travel nurse.  When we hit the open road, I began to enjoy traveling lifestyle more and more. Yes, I missed usual teen things as in school dances, prom, etc, and most of my socializing over the internet.  But that’s just how things are when you are only in one spot for 6 months. In trade, I got to see so many things… Such as the Mall Of America, a Tennessee Titans football game, a Minnesota Twins game, and beaches on both the East and West coast.  In fact, I’ve even gone fishing in both oceans a few times. That was just some of the fun things I got to do as a child. From an educational stand point, I got to learn about our country. I’ve toured countless battle ships, submarines and battle fields. I’ve learned a lot about our history that our school systems don’t teach. Like The Battle of Corinth in Corinth, Mississippi was the most deadly battle in our nation’s history, it was also a critical point in the civil war. I also learned that following a fierce night of British bombardment, the dawn of September 14, 1814, revealed the huge American flag still fluttering over Fort McHenry. In a burst of patriotic pride, lawyer Francis Scott […]

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