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

Allwork

Beyond all of that, there are also factors with long-term tax implications, such as planning for retirement and understanding the implications of the self-employed pension contributions or social security payments, which in some jurisdictions could be voluntary. Additionally, the Schedule SE form is used to calculate self-employment tax owed.

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Who’s Stuck With The Bill?

Allwork

The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. There are various models that companies are using to cover these costs of working remotely.

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Reconnecting older workers with the office: have we retired what matters most?

Workplace Insight

A combination of the increase in retirement age and rising costs of living have made it a necessity for individuals to stay in work longer. When asked what they would change about their office as a priority, 23% stated that they want access to more private spaces. appeared first on Workplace Insight.

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

Save for retirement When trying to get a business off the ground or earn enough to cover your monthly bills, saving for retirement might seem like a luxury you can’t afford. Don’t let the magic of compound interest pass you by, even if you can only manage to set aside a little bit for retirement every month. Every dollar counts.

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Liminal Space: Why This Period of Nothingness Is Critical to Being Present and Processing Your Thoughts

Success

As humans, we see things that hold uncertainty as bad, something to avoid at all costs,” he says, adding that we zoom around without much awareness or intention. For others, those few steps out of your home office might not do the trick. For most of us, waiting is a space that inherently holds uncertainty.

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Things You Can Do As A Small Business Owner To Limit Your Tax Liability

Eco-Office Gals

Have A Retirement Plan. As an entrepreneur whose aim is to limit tax deductions contributing to a retirement plan is a good idea. A retirement plan will help you save some money because the plan will provide you with a tax deduction for the contributions. Reducing your bills is easy to cut down on cost used when paying taxes.

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6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

Home improvements “Many homeowners don’t realize that certain home improvements may be tax deductible, as long as they improve the energy efficiency of your home. Additionally, self-employed individuals can leverage deductions for home office expenditures and health insurance premiums. Through the U.S.

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