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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

Self-employed workers, freelancers, and digital nomads often receive income from various international clients. Tax season for this demographic will often involve a tedious, meticulous process of gathering financial records from different sources and potential international income streams.

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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
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Companies Are Using This Sneaky Strategy To Avoid Paying Overtime

Allwork

It’s estimated that each fake managerial position saves companies almost 14% in overtime expenses. Additionally, it’s estimated that each fake managerial position saves companies almost 14% in overtime expenses. NBER’s research produced surprising data.

Salary 257
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12 Essential Tips Every Solo Traveler Needs to Know

Success

Use the cloud Scan or take photos of your flight and hotel confirmations, credit card and insurance cards, and any other documents that might be useful. Keep these documents in the cloud and on your phone to easily access them from the road. Schedule regular check-ins with a friend or family member.

Travel 163
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.” Firstly, it is the simplest and least expensive form of business to set up and maintain. Freelancers may be interested in a sole proprietorship for several reasons.

Legal 261
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An Admin’s Guide to Documenting Systems

All Things Admin

However, because systems are so automatic, many people don’t have them documented. So why should you document something you already know how to do? Documented systems: Allow someone else to fill in for you. A documented system allows you to mark your place so you know exactly where to begin when you return to it.

Travel 52
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Want To Work At The Ritziest Coworking Office In The World? It’s Going To Cost You

Allwork

But what is it that makes this space so expensive and what sets it apart from a traditional coworking space? Think international business meetings, or San Francisco tech companies that don’t have a permanent base in New York.) Let’s find out. How much will a membership cost?

2023 284