article thumbnail

Don’t Let Tax Season Sneak Up: Use This Checklist

Nurse Practitioners in Business

Professional Fees: Renewing your state license, board certifications, and memberships in professional organizations (AANP, state NP associations) are all tax-deductible. Retirement Contributions: Depending on your situation, you may contribute to a SEP IRA, Solo 401(k), or SIMPLE IRA.

Business 286
article thumbnail

California makes RN license for retired nurses

Becker's Hospital Review

California is addressing its nursing shortage by creating a license for retired nurses to volunteer with a limited scope of practice.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retirement Planning for a Secure Future

Minority Nurse

When’s the last time you thought about your retirement finances? ” But ignoring or paying little attention to your financial life before and during retirement will only shortchange you. Nurses, in particular, have situations such as per diem or travel contract work that can impact their savings and retirement plans.

article thumbnail

Multistate Nurse Licensing: What You Need to Know

Scrubs

This comes as the baby boomers are starting to retire and the demand for healthcare services continues to skyrocket around the country. The Bureau of Labor Statistics projects the need for an additional 203,700 new RNs each year through 2026 to fill newly created positions and to replace retiring nurses. As the U.S.

article thumbnail

How To Close A Practice – The Right Way

Nurse Practitioners in Business

Life commitments may change; the business owner may move into the season of life where one looks toward retirement. Malpractice Insurance & Professional License: Notify your state licensing board of your upcoming office closure. In the US, as you may know, most small businesses fail in the first 5 years.

article thumbnail

How Travel Nurses Get Paid: A Breakdown of Travel Nurse Pay, Stipends, and Benefits

The Gypsy Nurse

Additional Perks for Travel Nurses Licensing and Certification Support Agencies may reimburse you for obtaining new state licenses or updating required certifications like BLS, ACLS, or PALS. Learn more about multistate licenses and compact state eligibility.

article thumbnail

Understanding Your Travel Nurse Pay Package: A Simple Breakdown

The Gypsy Nurse

Retirement Plans : Some agencies will contribute to your retirement savings, like a 401(k), helping you prepare for the future. Other Perks : You might also get reimbursed for things like licensing fees and travel costs and even have access to employee assistance programs.