Allwork
FEBRUARY 29, 2024
Another layer of complexity arises from the way their income is earned and reported. Self-employed workers often need to use reliable accounting software or seek assistance from tax professionals with experience in transnational tax matters to keep track of their earnings and report them correctly.
Workplace Insight
JULY 5, 2023
A new poll of people aged between 35 and 55 suggests that most workers expect to retire at around 62 years old, four years earlier than the UK state pension age of 66. The report called Providing for tomorrow today: understanding an ageing workforce was commissioned by law firm Osborne Clarke.
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Success
MARCH 13, 2023
Your client will also send a copy of the 1099-NEC to the IRS, so reporting every dollar is vital. Even if a client doesn’t send you a tax form, reporting the income is still important. Proving that you paid taxes on all of your freelance income, not just what was reported, can be helpful if you’re ever audited.
Success
APRIL 26, 2024
A recent survey that illustrated the U-shaped trajectory of gendered ageism showed that 77% of women under age 35 reported being judged as too young, and 88% of those who were ages 59–64 concurred. I find both gendered ageism and its traveling companion, imposter syndrome , beyond frustrating. It’s a tall order, I know.
Small Business Labs
FEBRUARY 12, 2013
Lots of news these days on baby boomers delaying retirement. The quick summary is boomers are delaying retirement, changing retirement and choosing not to go gently into retirement. Retired Baby Boomers Climb Back Into Driver's Seat from the Sydney Morning Herald: Even down under boomers are delaying retirement.
Allwork
MAY 20, 2022
What age are they, what work do they do, and how much do they actually travel? . What age are they, what work do they do, and how much do they actually travel? . Some nomads travel the globe to many countries each year, others prefer ‘ slowmadism ’ and may stay in one place for several years. Who are digital nomads?
Allwork
JUNE 1, 2022
If given a raise, 39% of people would spend their raise on financial betterment such as emergency and retirement savings. . An annual raise of $1,000 (50 cents an hour) would notably improve the life of 1 in 3 low-income Americans. . Individuals are nearly 2x as likely to put a raise towards an emergency fund than towards a vacation. .
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