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

Allwork

The varying tax deductions and credits in different locales that pertain to self-employment can be leveraged to reduce tax liability but require thorough documentation and understanding. Tax Forms for Freelancers The primary tax document for freelancers is the Schedule C form, which reports income or loss from a business.

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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

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5 Long-Term Financial Goals and How to Achieve Them

Success

Your long-term goals are an important aspect of your financial health. Most people use a mortgage to buy real estate, but many mortgage lenders ask for at least 20% of the purchase price as a down payment. However, most people get started by creating estate planning documents like a will and taking out life insurance policies.

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Do I Need to Buy Life Insurance?

Success

People purchase life insurance to help their families replace lost income and cover final expenses after death. The premium is generally calculated based on the age, gender and health of the person purchasing the policy, among other factors. As part of your research, consider the financial health of the company.

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Repurposing Furniture: Realizing the Environmental, Economic, and Design Benefits

Allwork

These harmful chemicals are associated with many health problems and are proven carcinogens. Summary documents to customers. Buying new items made from wood means cutting down trees and accelerating deforestation, which contributes 15% to global greenhouse gas emissions. You can become a more sustainable company with more LEED points.

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Stay organized and secure with electronic records management

BMT Office Administration

He put Laura in charge of going through a bunch of drawers with instructions to make folders to organize papers of current worth, box up other documents that somebody might need down the line, and toss insignificant and old material. Fires, floods, and even spilled cups of coffee can render physical copies of documents unreadable.

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Top 5 Office Waste Reduction Tips

Eco-Office Gals

Also, when it comes to office equipment that uses paper, purchase an all-in-one copier, printer and scanner (preferably one that is refurbished) and refill your print cartridges a couple of times before discarding them. Get reusable paper products. Every office needs cleaning supplies.

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