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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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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.

Filing 278
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W-2 E-filing guide: Brush up before you file

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Most employers are probably familiar with the e-filing process. However, mistakes can be expensive and draw unwanted attention from the IRS. With that in mind, even if you’ve e-filed your W-2s before, it’s still a good idea to review the process and ensure you’re following the right steps.

Filing 52
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Rentberry Eyes WeWork Acquisition After Securing Significant New Investment

Allwork

In court filings, WeWork is stressing its business restructuring and the renegotiation of lease agreements to alleviate unsustainable rent expenses. Since filing for chapter 11 bankruptcy, WeWork has assumed 21 leases and rejected 93. However, more than half of its North American locations remain up in the air.

Filing 306
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Applying for a W2 e-filing waiver

BMT Office Administration

This gives us more time to explore W-2 issues, which, based on questions we’ve been encountering, are beginning to trip up employers. Today’s inaugural edition is focused on applying for a waiver from filing electronically. Who must file electronically? What about those e-filing waivers? Almost everyone.

Filing 52
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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.

Legal 264
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Preparing to Move Overseas? Read This First

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As soon as you move abroad , you’re in charge of paying for your medical expenses, as your United States health insurance won’t let you submit any assertions, says Elena Jones, a personal finance expert at FinanceJar. Once you become a legal resident, you can sign up for the national health care in your new country. Do your research.

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What Is a Health Savings Account?

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They let you cover medical expenses like copays and deductibles while providing a tax break and helping you save for the future. Not everyone has access to these plans, but if you do, they can be invaluable for preparing for future medical expenses. As of 2022, an individual can contribute up to $3,650, or $7,300 for a family.

Health 275