article thumbnail

8 Crucial Tax Filing Tips For Freelancers

Allwork

who earn freelance income face confusing tax guidelines and difficult requirements for filing your own taxes. . It’s confusing and difficult, for most people, to know how you’re supposed to file your own taxes when freelance income has been earned from one-time jobs or contract work. . Contractors and other gig workers in the U.S.

Filing 328
article thumbnail

WeWork Preparing to File for Bankruptcy Amid Massive Debt and Losses

Allwork

WeWork is reportedly preparing to file for bankruptcy as soon as the coming week, according to an insider, due to the company’s significant debt and considerable losses. The flexible workspace provider is contemplating filing a Chapter 11 petition in New Jersey, as per the WSJ’s sources.

Filing 162
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Financial Chaos Amplifies As WeWork Is Days From Filing For Bankruptcy

Allwork

WeWork is on the brink of filing for Chapter 11 bankruptcy protection, which could happen as early as next week. Following the Tuesday afternoon reports, WeWork’s shares plummeted by 37% in pre-market trading, according to CNN Business. During regular trading stock market hours this percentage reached over 40%.

Filing 147
article thumbnail

5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

It can also make things more complicated when it comes to filing taxes. Keep reading for tips for how to do taxes as a freelancer and make filing this year a little easier. This way, you can label or tag a file or email, making searching for a specific transaction or dollar amount easier. There are multiple tax tips out there.

Filing 240
article thumbnail

Alphabet Sustains $500 Million in Costs After Google Office Space Downsizing

Allwork

How it’ll impact the future: In the Securities and Exchange Commission filing, Alphabet hinted that further decreases in office space utilization could be on the horizon — whilst simultaneously pledging to invest more heavily in their technical infrastructure, according to Chief Financial Officer Ruth Porat.

Google 264
article thumbnail

Dell Initiates Major Cost-Cutting Measures by Laying Off Over 6,000 Employees

Allwork

What’s going on: Dell has announced that it will reduce its workforce by 5%, amounting to around 6,650 employees, as stated in an SEC filing. Why it matters: The tech industry is no stranger to layoffs, and PayPal’s most recent job cut announcement is the latest example of this trend.

2020 263
article thumbnail

Applying for a W2 e-filing waiver

BMT Office Administration

Today’s inaugural edition is focused on applying for a waiver from filing electronically. Who must file electronically? Final regulations issued earlier this year require you to e-file all your information returns if you’re filing a combination of any 10 information returns. What about those e-filing waivers?

Filing 52