Allwork

FEBRUARY 29, 2024

Another layer of complexity arises from the way their income is earned and reported. Self-employed workers often need to use reliable accounting software or seek assistance from tax professionals with experience in transnational tax matters to keep track of their earnings and report them correctly.

Retirement 257

Retirement Expenses Forms International 257

Success

MARCH 13, 2023

Your client will also send a copy of the 1099-NEC to the IRS, so reporting every dollar is vital. Even if a client doesn’t send you a tax form, reporting the income is still important. Proving that you paid taxes on all of your freelance income, not just what was reported, can be helpful if you’re ever audited.

Filing 278

Filing 2023 Retirement Expenses 278

Step It Up VA Coaching

NOVEMBER 10, 2011

As entrepreneurs/business owners, we take great care in setting rates, creating packages and tracking the hours we and our teams put in; but are our rates really paying for our expenses? Most VAs work from home offices. Are you really considering all the costs of running, and growing a business, as expenses?

Expenses 100

Expenses Equipment Travel Home Office 100

C-Suite Assistants

JANUARY 14, 2021

They make telephone calls, type and review documents, conduct research, update blogs and social media, make travel arrangements for managers, prepare presentations and assemble reports. Online savvy and self-discipline are skills that are especially important for admin work from home. Categorize expenses.

Expenses 52

Expenses Telecommuting Project Management Social Media 52

Stephanie LH Calahan

MAY 13, 2011

You can easily track personal and business finances, quickly see the profit/loss of the business, create invoices, review financial reports, import data AND easily transfer information to Turbo Tax (another program I'd recommend!) We can also generate reports to track our income. Find here: steph.bz/billboss. LNM LOVES Dropbox!

Credit Card 100

Credit Card Google Docs Dropbox Filing 100

BMT Office Administration

MAY 9, 2024

If the incentive is at most $250, it will qualify as de minimis (meaning you don’t have to report on it). These incentives are fully taxable and are subject to W-2 reporting. Here are the stipulations: The expense must be for a business purpose. Home office expenses include printer paper, ink, and toner.

Payroll 52

Payroll 2024 Filing 2023 52