On The Job
JANUARY 11, 2021
When you're making career plans for 2021, it's a smart idea to imagine where you think future economic growth will be, the industries that will still continue to suffer from the pandemic and whether this might be the right time to start your own business. Business travel is expensive: in 2018, business-travel spending hit $1.4
Success
JULY 20, 2021
A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. So only adjust your emergency fund if your monthly expenses increase, you get a raise, or you gain dependents.
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Success
MAY 4, 2023
Care.com reported increased rates of over $1,000 per month per child in 2021 for an after-school sitter, nearly $900 per month for a “family care center” and just over $900 for a “childcare center.” Therefore, families of three can expect to pay around $3,000 to $8,400 monthly on daycare or childcare expenses.
BMT Office Administration
JANUARY 11, 2023
The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. You must tax per diems exceeding the GSA’s rates, unless employees provide a full accounting of their expenses. Here are five items we see coming this year. Final e-filing regs.
Success
JULY 3, 2022
According to a recent NerdWallet survey , 37% of respondents used BNPL services in 2021, and 12% of those borrowers used the service at least five times within the last year. You can have a bucket for your emergency fund , vacation spending, vet and medical costs, car repairs and even a fund for your next big purchase. Know the risks.
Small Business Labs
FEBRUARY 23, 2017
million by 2021. Forty-one percent say that a financial hardship – such as a job loss, medical problem, or unexpected major expense – impacted them during the prior year. million Americans are working in the on-demand economy, up from 3.2 million this time last year. The number is forecast to grow to 9.2
BMT Office Administration
NOVEMBER 16, 2022
It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor. Medical and health care payments. Prizes and awards.
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