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

Allwork

Firstly, it is the simplest and least expensive form of business to set up and maintain. Sole proprietors report their business income and expenses on their personal tax returns, simplifying the tax filing process, and there are fewer ongoing compliance obligations compared to other business structures. To qualify for FEIE as a U.S.

Legal 264
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The Art of the Side Hustle

Success

The book devotes significant space to the importance of the side hustle, an opportunity to learn something new on your own time. According to a 2022 Zapier report , 59% of Generation Z and 61% of millennial respondents currently have a side hustle, while only 36% of Generation X and 22% of baby boomers said the same.

2022 279
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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

I’m no stranger to setting lofty money goals : At 9 years old I became cognizant of the idea of college—a seemingly far-off milestone that my parents described as “important” and “expensive”—and decided I needed to proactively save money for my college education. It is no secret that the gender wage gap continues to persist in 2022.

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The Ubiquitous Anywhere Worker — A Passing Fad Or The Future Of Work?

Allwork

Anywhere Workers — The State of Play in 2022. As of June 2022, over 25 countries had introduced digital-nomad visas to attract international guests who can temporarily live in one country while working for companies or clients based in another. Learning some basic phrases in the host language (before you set off) is also advisable.

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Authentically Gen Z: The Values, Aspirations & Drivers That Will Re-Define The Future Of Work

Allwork

As part of an internal research initiative centered on this topic, SmithGroup’s Workplace Practice convened panels of Gen Z employees in Detroit, Michigan and Chicago, Illinois to learn more about the personal and professional goals that drive this generation. Amenities, Benefits & Salary: A Shifting Mindset.

Salary 213
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How to Pick a Business Partner

Success

But, as many entrepreneurs have learned the hard way, if you don’t get to know your co-founder and choose wisely, you may pay for it with significant time, stress and treasure later. For some, success is a steady and manageable small business that pays reliable salaries. Vision of Success. Are you a match?

Stress 312
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During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

During another event in April 2022, after the passing of the American Rescue Plan, President Biden expanded on the benefit of small businesses. As your own boss, your income isn’t based on a salary cap or an education requirement; it’s based on your activity level, on how much you’re willing to put into your new business. Robbins asks.

2021 246