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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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It can also make things more complicated when it comes to filing taxes. Keep reading for tips for how to do taxes as a freelancer and make filing this year a little easier. Generally, the expenses involved in operating your business or side hustle can be tax-deductible. Becoming your own boss can change your life for the better.

Filing 278
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. It’s possible to have missed opportunities in areas where you might have been able to restructure your personal finances. While celebrating U.S.

Legal 263
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WeWork Resolves Landlord Concerns for Payments

Allwork

WeWork seems to have sorted out some of the concerns raised in landlord objections to its bankruptcy financing agreement. According to a report published by Reuters , the agreement, approved by U.S. The stacked challenges proved to be too steep, leading the company to file for Chapter 11 Bankruptcy in New Jersey on Nov.

2024 147
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Preparing to Move Overseas? Read This First

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Before you move, here’s what you need to know about everything from establishing residency abroad to health care, taxes, visas and costs. Medical expenses abroad aren’t covered by Medicare or Medicaid either, says Anna Sosdian, the co-founder of StartAbroad , a relocation specialist company based in Costa Rica. You have to file U.S.

Medical 264
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4 Smart Money Moves to Plan for Financial Security

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That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

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Do I Need to Buy Life Insurance?

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People purchase life insurance to help their families replace lost income and cover final expenses after death. Remember: The larger the policy amount or the longer you want the policy to be in effect, the more expensive the premiums. Many people like term life insurance because it usually costs less than a permanent policy.

Policies 264
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Finance for Recruitment Entrepreneurs

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Many new entrepreneurs who are not basically finance. professionals, struggle with the jargons used in finance and accounts. structure of finance and accounts required for a small business to start with. in Finance. Expense) in $. Travel Expenses. Marketing Expense. Software & Internet Expense.

Finance 52