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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

Generally, the expenses involved in operating your business or side hustle can be tax-deductible. So you can’t just go on vacation or buy a new car and claim it as a deductible business expense. That way, you don’t have to worry about your grocery expenses getting mixed up with your office rent come tax time.

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

Allwork

Firstly, it is the simplest and least expensive form of business to set up and maintain. Sole proprietors report their business income and expenses on their personal tax returns, simplifying the tax filing process, and there are fewer ongoing compliance obligations compared to other business structures.

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6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

“Can a dead person deduct medical expenses?” “Can ” These are just a few of the numerous requests Andy Phillips, director for the Tax Institute at H&R Block in Kansas City, Missouri, fields when tax time rolls around, as his clients muddle their way through what can and can’t count as a deductible expense.

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The Green Business Benefits of Telecommuting

Eco-Office Gals

It can’t get more comfortable than being in sweats and sitting in your own living room or home office. So, as long as you hire people who have the discipline to manage their time wisely, it can definitely be to your benefit to have them work from home. It keeps workers safer. Did you know that there are approximately 5.25

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Major new report offers snapshot of hybrid and remote work debate in the US

Workplace Insight

A minority have added smaller satellite offices or access to co-working spaces (13 percent and 14 percent respectively). Getting to the office is usually more expensive than working from home. Half of employers still haven’t asked workers what they want.

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5 Tips for Staying Productive When Working From Home

Productivity Bits

When work is in session, the home is no longer a home: it is the factory floor. The perception can be enforced by becoming educated in private business ownership.

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