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Who’s Stuck With The Bill?

Allwork

The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. Those costs include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software.

Expenses 317
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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

It’s crucial for freelancers to closely and continually track their income and expenses, as this determines their net income, on which taxes are due. To calculate their taxable income, freelancers must first tally all their revenues and then subtract their allowable business expenses.

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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.

Filing 278
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This Digital Nomad Couple Sold Everything to Travel the World in a Sailboat—Here’s What They’ve Learned About Life, Goal Setting and Relationships

Success

He stumbled on a story about Matt and Jessica Johnson, an American couple who sold everything to buy a sailboat and travel the world with their cat. The boat is a fragile piece of equipment, you can lose it from one day to the other if weather comes or you have a fire. But it is tiring, exhausting and uncertain.

Goals 306
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Travel Planning for Others – Putting Yourself in Your Traveler’s Shoes

Practically Perfect PA

Every admin wears many hats: office manager, personal assistant, life coach, travel planner. Every time your manager is heading out of town, it’s time for you to don your travel planner hat, slip into your traveler’s shoes, and equip yourself with your suite of travel planning tools. Inefficient Communications.

Travel 100
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Are You Covering All Expense Bases?

Step It Up VA Coaching

As entrepreneurs/business owners, we take great care in setting rates, creating packages and tracking the hours we and our teams put in; but are our rates really paying for our expenses? You may also consider health insurance as an expense, especially if you had to buy your own after leaving your job to work for yourself.

Expenses 100
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Should You Work With A Virtual Office Wholesaler?

Allwork

Equipped with that knowledge, you can assess the current position of your company and decide whether working with aggregators aligns with your operational and growth strategy. Consider the travel industry as an example. Only you and your partners or executive team have that level of understanding.