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3 Steps to Take Before Going Into Business for Yourself

Success

A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Before going into business for yourself, you should have an account set aside to save for these additional expenses. If you’re struggling to save money, take a look at your budget.

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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. There is no legal distinction between the owner and the business.

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Pregnant Workers Might Soon Have Accommodations Making It Easier to Work Up to Delivery

Success

The bill, which has bipartisan support, passed the House in May 2021. Workers across the country who have faced unreasonable expectations at work, even at the expense of their health, are speaking out to advocacy groups, like Lightner, to push for the bill to pass. Congress passes it by Dec.

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4 Smart Money Moves to Plan for Financial Security

Success

This goal is more expensive than I’d like to admit, so I strategically plan for those purchases by saving for them on a monthly basis. If you’ve taken any kind of personal finance course, you probably know about the importance of an emergency fund to your overall financial health. For me, this is collecting limited-release sneakers.

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A Noncompete Clause Ban Is on the Table—Here’s What Employees Should Know

Success

When Sara Davenport realized her workplace was making her miserable and taking a toll on her mental health, she faced a difficult dilemma. This may, in turn, help companies justify paying for costly training or other expenses to retain their workforce, she adds. But change could be on the horizon.

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

BMT Office Administration

It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor. Medical and health care payments. Control number.

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