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

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It’s possible to have missed opportunities in areas where you might have been able to restructure your personal finances. If you work as a freelancer or engage in work similar to the 16% of Americans who earned money from an online gig platform in 2021 , then there are multiple avenues to explore when bracing for next tax season.

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4 Smart Money Moves to Plan for Financial Security

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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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The 2023 Motherhood Penalty: The Sorry State Of Affairs For Working Women Continues

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This compulsory requirement has put slightly more pressure on employers, yet the absence of any legal requirement to reduce the pay gap means that many companies remain inactive on this issue. In some sectors — such as education, construction, and finance — the gender pay gap is above 22%. American Rescue Plan of 2021.

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3 Steps to Take Before Going Into Business for Yourself

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A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Before going into business for yourself, you should have an account set aside to save for these additional expenses. If you’re struggling to save money, take a look at your budget.