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

Allwork

An individual who understands their own unique work and life circumstances will find their key sense of self-awareness to be an essential skill when organizing for tax season. ” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations.

Legal 264
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Paying Candidates for Interviews: What Should Be Covered and Why?

Success

A skills test. But as all eyes are on mental health and wellness improvements in the workplace , employers are facing a new ethical dilemma: Should they pay candidates who interview? William Stonehouse III, president and co-founder of Crawford Thomas Recruiting, has an eye on the trend of paying for interviewing expenses.

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How Employers Can Support Employees Going Through Menopause at Work

Success

“The average age of menopause is 51 years and symptoms become prevalent up to 10 years prior to onset,” according to Catherine Hansen, MD, OB-GYN and telehealth MD at Pandia Health. It’s just one extra expense that I can’t really afford, but need!” Are you including your employees when forming related policies and programs?

Medical 236
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The Return To Office Trade-Off

Allwork

Employees and employers are weighing the costs of commuting against the benefits of in-person work, with many finding that the expenses and time associated with commuting need to be balanced by other compensations. And other research has shown that enjoying meals with others is associated with better physical and mental health.

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Experts Weigh in on 17 Investments for a Rich Life

Success

If your résumé needs work or your interview skills are rusty, hire a professional to work with you—don’t practice on prospective employers.” It’s more expensive than brown-bagging it or eating at the office cafeteria, but it pushes you to get outside and interact with other professionals.”. Plan to eat out at least once a week.

Budget 264
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

Payroll 52
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16 Rich Habits

Success

This neural fast lane saves the brain energy: When a habit is formed and stored in this region, the parts of the brain involved in deeper decision-making cease to participate in the activity. Try to stash six months of living expenses in an emergency fund in case you lose your job or your business goes belly-up. Know your main purpose.

Mentoring 317