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

Allwork

Beyond all of that, there are also factors with long-term tax implications, such as planning for retirement and understanding the implications of the self-employed pension contributions or social security payments, which in some jurisdictions could be voluntary. Additionally, the Schedule SE form is used to calculate self-employment tax owed.

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

With a traditional job, all you need to file your taxes is your W-2 tax form at the end of the year, showing what you made and how much you had withheld for federal and state taxes. With freelancing, you’ll likely have multiple clients, each sending you a 1099-NEC form (previously a 1099-MISC) showing what they paid you.

Filing 278
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Arrr-guably Similar: How Coworking Channels The Rebel Spirit Of Pirates

Allwork

In both cases, this shared experience of being different brought people together to form communities unlike any other. Pirates spent long periods together, whilst travelling at sea, and formed close-knit communities. Inclusivity rules Coworking celebrates community by ensuring that everyone in the workspace is treated equitably.

Lifestyle 246
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8 Pieces of Financial Advice for New College Graduates

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You may need to create rules for yourself, like that a percentage of your paycheck needs to go toward retirement savings before you can buy something just for fun. In its simplest form, budgeting is building a plan around what comes in and goes out each month. 30% is for wants, like entertainment, eating out or travel.

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Preparing to Move Overseas? Read This First

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Have you decided to live the #beachlife or the #retired life or just the #offgridlife? Kimberly McCauley, a travel blogger living in Istanbul, purchased private insurance that also covers her when she returns for short visits to the U.S. File the right forms first. Health care. health insurance may not cover you.

Medical 264
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The New Migrant Workers: "Workampers", "Vanlifers" and Digital Nomads

Small Business Labs

The new migrants are often choosing this as a lifestyle or doing it to supplement their retirement. In other words, workampers are a form of migrant workers that travel around in RVs funding their travels with some form of work.    But these new migrants aren't like the old ones.

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Meet the Christmas Tree Farmers Keeping the Spirit of Christmas Alive

Success

It’s a scene straight out of a holiday movie: A family travels to an idyllic farm to cut down their own Christmas tree and spends the day walking the rows, making wreaths and sipping hot cocoa. Come high summer, around July, farmers are in the fields pruning trees by hand to shape the conifers into the perfect Christmas-tree form.

Holidays 299