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8 Crucial Tax Filing Tips For Freelancers

Allwork

who earn freelance income face confusing tax guidelines and difficult requirements for filing your own taxes. . It’s confusing and difficult, for most people, to know how you’re supposed to file your own taxes when freelance income has been earned from one-time jobs or contract work. . Health insurance .

Filing 328
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What Is a Health Savings Account?

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We all know we need to prepare for future healthcare costs, but learning how much to save can be difficult. Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. You may want to create digital and paper files as backups if anything happens.

Health 277
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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. While celebrating U.S. Part of that process starts with taking notes on how you work, for how many hours, and from where.

Legal 264
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?

Filing 52
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Do I Need to Buy Life Insurance?

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Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. In addition to the length and amount of the policy affecting the cost, finalizing a life insurance quote may require a medical exam before the policy can be underwritten and implemented.

Policies 264
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13 Best Meditation Apps to Add Mindfulness to Your Self-Care Routine [2021]

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In fact, the National Center for Complementary and Integrative Health makes clear the health benefits of mediation. But only a small fraction of adults meditate regularly, despite the increases in health and well-being meditative exercises provide. Each of these benefits contributes to greater physiological health.

2021 279
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Headspace vs. Calm: Which Is Right for You?

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With millions of downloads, it often ranks in the top 10 most popular health and fitness apps overall. In fact, their costs compare at about $70 annually for either one. The Headspace Today feature serves as more than just another selection of audio and video files. That is, it includes learning and physical activity too.

Lifestyle 290