Success

MARCH 13, 2023

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. Generally, the expenses involved in operating your business or side hustle can be tax-deductible. Becoming your own boss can change your life for the better.

Filing 278

Filing 2023 Retirement Expenses 278

Success

APRIL 10, 2024

“Can a dead person deduct medical expenses?” “Can ” These are just a few of the numerous requests Andy Phillips, director for the Tax Institute at H&R Block in Kansas City, Missouri, fields when tax time rolls around, as his clients muddle their way through what can and can’t count as a deductible expense.

Expenses 261

Expenses Medical Retirement Filing 261

Allwork

DECEMBER 5, 2022

The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. Those costs include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software.

Expenses 317

Expenses Equipment Home Office Salary 317

Allwork

DECEMBER 23, 2022

Another digital tool that almost every digital nomad needs is an accounting software package so they can track their income and expenses. . Even if they won’t file their tax returns themselves, it’s useful to be able to digitize all receipts and costs so that they can keep track of what’s happened during the year.

Gifts 290

Gifts Social Media Travel Google Docs 290

Eco-Office Gals

MARCH 6, 2019

A good example of a disregarded entity is the limited liability companies. Also, a business owner with a limited liability company gets to avoid double taxation as well as enjoy easy tax filing. For example, you decide to make payments for most of your January expenses in December. Have A Retirement Plan.

Retirement 100

Retirement Payroll Expenses Gifts 100

Clutter Coach

SEPTEMBER 20, 2019

Here’s an example. A client hired me recently to help her organize her home office. We were on the same page with going through papers and filing. Then she took a plastic file envelope, the kind with a flap and an elastic band to keep it closed, and put all the folders into it and closed it up. That’s better!

Staples 100

Staples Filing Home Office Expenses 100

BMT Office Administration

MAY 9, 2024

For example, under the original SECURE Act, businesses with fewer than 100 employees could receive a tax credit for up to 50% of their administrative costs if they offered retirement plans to their staff. For example, Congress included the provision of de minimis financial incentives in the SECURE 2.0 How does it do that?

Payroll 52

Payroll 2024 Filing 2023 52