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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

Start by reviewing your tax bill from last year and add a buffer to account for any additional income you’ll earn this year. Save for retirement When trying to get a business off the ground or earn enough to cover your monthly bills, saving for retirement might seem like a luxury you can’t afford. Every dollar counts.

Filing 250
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Lessons From Past Recessions

Success

As part of your financial plan, consider the following: Review your finances. Start by reviewing where you stand financially to get a clear overall picture of your financial life. brokerage accounts, selling a second car or hobby equipment, potentially downsizing, etc.)? How much cash can I quickly access if needed (i.e.,

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SURROUND yourself with a team of experts to make you and your organization SHINE!

Office Dynamics

Truth be told, I had no intention when I first returned to the workforce after being a stay-at-home mom of working for the rest of my life or until heaven forbid, retirement. I knew enough about AV equipment and computers to know that I needed both an AV and computer tech on MY team. But as it turns out, that’s exactly what I did. .

Suppliers 226
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

It provides provisions aimed at improving employee retirement outcomes and makes starting 401(k) plans more attractive and beneficial for employers – even those with 50 or fewer employees. encourages employers to provide retirement plans by offering tax incentives and credits. Don’t tinker/modify any company-provided equipment.

Payroll 52
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The Productivityist Podcast: Patrick Rhone Returns

Productivityist

Whether we’re talking about our different philosophies of calendar management and task management (you’ll have to listen to his appearance on the retired Workflowing podcast for a good deal of time, I remember kernels of each chat fondly. I always enjoy chatting with Patrick because each of our conversations have a great deal of meaning.

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Maker Faire Round-Up, From a Small Business Perspective

Small Business Labs

  These companies provide services, tools and equipment that make it easier for Makers to create and sell products.     Both these firms turn CAD files into products so Makers don't have to invest in manufacturing plant or equipment.    The growth of Maker coworking facilities. 

UPS 100
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Does the business provide all necessary tools or equipment or does the worker provide their own tools? If you are having trouble understanding if a worker is an employee or an independent contractor after reviewing the IRS guidelines and any applicable state laws, you can file Form SS-8 and let the IRS decide.

Payroll 52