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What Is a Health Savings Account?

Success

We all know we need to prepare for future healthcare costs, but learning how much to save can be difficult. Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. As of 2022, an individual can contribute up to $3,650, or $7,300 for a family. HSA drawbacks.

Health 278
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45 Professional Development Books to Level Up Your Career and Your Life

Success

In a world with countless ways to level up your professional development, books are one of the most underestimated tools. Success Habits: Proven Principles for Greater Wealth, Health, and Happiness By Napoleon Hill Though Napoleon Hill died more than five decades ago, there is still much one can learn from his teachings.

UPS 288
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6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

And it’s really a worthy endeavor—one he says “absolutely” adds up. Educators can claim up to [$300] for classroom-related expenses, while student loan interest deductions offer relief for borrowers. Additionally, self-employed individuals can leverage deductions for home office expenditures and health insurance premiums.

Expenses 261
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Preparing to Move Overseas? Read This First

Success

Before you move, here’s what you need to know about everything from establishing residency abroad to health care, taxes, visas and costs. Health care. health insurance may not cover you. While many countries have free public health care provided by the government, don’t expect it to kick in for you as soon as you arrive.

Medical 265
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Wall Street Whispers: Big Banks Discussing Bankruptcy Strategies For WeWork

Allwork

These discussions revolve around the potential for WeWork to file for chapter 11 bankruptcy, although no formal proposals have been presented to the company’s board yet. WeWork’s financial health has been under scrutiny, especially after the company reported that it failed to achieve profitability earlier this month.

Filing 130
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?

Filing 52
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. Firstly, it is the simplest and least expensive form of business to set up and maintain. While celebrating U.S.

Legal 264