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

Allwork

By proactively managing their affairs and possibly engaging with a tax professional for guidance, freelancers and digital nomads can navigate tax season with confidence, securing financial peace of mind. To calculate their taxable income, freelancers must first tally all their revenues and then subtract their allowable business expenses.

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4 Smart Money Moves to Plan for Financial Security

Success

Maybe you dream of attending drama school one day or purchasing recording equipment to help with your podcasting side gig (don’t we all?). This goal is more expensive than I’d like to admit, so I strategically plan for those purchases by saving for them on a monthly basis. For me, this is collecting limited-release sneakers.

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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. Get familiar with your finances. One of my favorite tools is the “Money Date.”

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The Side Hustler’s Handbook

Success

The point is, you are already equipped with a set of skills that not everyone possesses. If you need a portfolio website, for example, consider what’s truly more expensive: spending countless hours learning how to build a website or investing a one-time fee to have an expert build a simple, clean website that displays your offerings.

Equipment 280
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This Digital Nomad Couple Sold Everything to Travel the World in a Sailboat—Here’s What They’ve Learned About Life, Goal Setting and Relationships

Success

As you start to understand that the boat can take more than you think, you start to be a lot more confident in both the boat and your ability to deal with whatever it is you encounter,” she says. The boat is a fragile piece of equipment, you can lose it from one day to the other if weather comes or you have a fire.

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Health Grows to 17.6% of U.S. Economy

Small Business Labs

  These include an aging population requiring more health care, rising levels of chronic disease among the young and the expanding use of expensive, high-tech health equipment and pharmaceuticals.  Multiple factors are driving the trend towards increased U.S. health care costs.  GDP by 2020.    . 

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Keep Calm and Carry On

Office Dynamics

Several travel expense accounts are waiting to be processed. I have a new principal support to acclimate to the department, a dual monitor installation project, ergonomic equipment to order, logistic planning for an out of state conference in March and 298 electronic documents to analyze for potential uploading into a SharePoint e-room.