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

Allwork

It’s possible to have missed opportunities in areas where you might have been able to restructure your personal finances. According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.” The income amount varies each year.

Legal 264
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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance.

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Face the Spreadsheets: Lisa Gilmore on Learning to Love the Financial Side of Her Creative Business

Success

But behind the scenes, she’d dropped the ball with her finances. . Now I look forward to doing business and finances, which is crazy!” Face your finances head-on. For example, there are separate accounts for taxes, operating expenses and cost of goods. million in annual revenue.

Learning 279
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4 Smart Money Moves to Plan for Financial Security

Success

That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

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Preparing to Move Overseas? Read This First

Success

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. You can (or may need to) purchase international insurance. Based on the options of your plan, private U.S.

Medical 264
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Business Travel Is Back: How to Maximize Your Miles

Success

He flies to international boat shows and often takes clients to see yachts for sale all over the world. Last year, COVID-related international travel bans kept Neff mostly grounded. Trying to buy international tickets at the last minute is a fortune,” Neff says. This year, he’s preparing to start hitting the skies again.

Travel 321
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5 New Expenses For Small Businesses That Go Global

Small Business CEO

If you’re ready to expand your business into global markets, you need to keep certain considerations in mind to smoothly transition from local to international business. We’ve compiled the following list of five expenses you may incur while preparing your business for expansion. Product Readiness. Labeling is also a factor.