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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

It can also make things more complicated when it comes to filing taxes. As a freelancer, it’s essential to ensure you know what to expect, so you don’t accidentally wind up with a huge tax bill. Keep reading for tips for how to do taxes as a freelancer and make filing this year a little easier.

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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. It may be up to the employer to decide on what benefits they offer (subject to local rules and laws).

Expenses 317
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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. Firstly, it is the simplest and least expensive form of business to set up and maintain. While celebrating U.S.

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12 Last-Minute Gift Ideas For Digital Nomads

Allwork

Digital nomads travel the world, often packing lightly so that they can easily move on to a new city or country and set up a new base there. This Ergonofis height-adjustable wooden laptop stand is foldable and easily transportable, which means it can be packed up and easily transported or popped into a bag.

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Tips on Staying Focused and Disciplined When Working From Home

Office Dynamics

Come tax time, they may be able to deduct a lot of their home office-related expenses. To stay on top of things and be organized in your work, you need to have a dedicated home office. The space should be free of distractions and ideally have a door that you can close if you are trying to work when family is home.

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Podcast 127: Tidy vs. organized

Clutter Coach

I mention tidiness and tidying up a lot in this podcast though, so I want to clarify that what it mean is spending time to put away things you are no longer using to clear space for other activities and to lessen visual distraction. A client hired me recently to help her organize her home office. Happy as a clam. That’s better!

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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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