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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

If you work as a freelancer or engage in work similar to the 16% of Americans who earned money from an online gig platform in 2021 , then there are multiple avenues to explore when bracing for next tax season. Firstly, it is the simplest and least expensive form of business to set up and maintain.

Legal 264
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The Post-Covid Economy Demands a Hybrid Office Concept | Virtual Offices and Remote Workers Drive Innovation and Productivity

Allwork

Workers are not keen on returning to the main office, with many citing that they have experienced mental and physical health improvements, as well as a better work-life balance since shifting to remote working arrangements. . However, this was not the case in 2021 and won’t be so in the coming years. .

Equipment 264
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The Ubiquitous Anywhere Worker — A Passing Fad Or The Future Of Work?

Allwork

In 2021, over 15 million Americans described themselves as digital nomads. Being a digital nomad has also provided many workers with a new lease on life — the freedom to travel, learn new languages, make new friends and enjoy diverse cultural experiences. This represents a staggering increase of 112%, from pre-pandemic levels.

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Travel Planning in a Pandemic? Here’s What You Need to Know

All Things Admin

You need to fully research your destination, and learn as much as you can about where you’re going and what to expect when you get there. Here’s what you need to know about travel planning in 2021. Learn as much as you can, stay up to date on guidelines and restrictions, and make sure you’re covered for any contingency.

Travel 98
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New Year’s Resolutions by Enneagram Type: Which Number Are You?

Success

It can also come at the expense of family time. Whether you work in a “no margin for error” profession like health care or spend your days leading a large organization, being compassionate and kind to yourself when you fail is actually the most efficient way to succeed. This article was published in January 2021 and has been updated.

Goals 299
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

That trend continued in 2021, with only 34% of small businesses applying for bank loans. That’s why I’ve put together this beginner’s guide to business finance, so read on to learn the fundamentals of financing a business. For instance, the fiscal year is often the period used to measure revenue, profit, expenses, debts, and more.

Finance 105
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Medical and health care payments. What is a W-2? Prizes and awards.

Payroll 52