Remove Expenses Remove Forms Remove Home Office Remove Management
article thumbnail

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

Allwork

While traditional employees typically have taxes withheld from their paychecks by employers, freelancers and self-employed individuals manage their own tax contributions. While traditional employees typically have taxes withheld from their paychecks by employers, freelancers and self-employed individuals manage their own tax contributions.

article thumbnail

5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

With a traditional job, all you need to file your taxes is your W-2 tax form at the end of the year, showing what you made and how much you had withheld for federal and state taxes. With freelancing, you’ll likely have multiple clients, each sending you a 1099-NEC form (previously a 1099-MISC) showing what they paid you.

Filing 278
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Allwork

The intricacies of managing your tax information, including all the nuances of making sure you filed your tax information the right way, can feel overwhelming. ” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations.

Legal 264
article thumbnail

How to Work from Home as an Administrative Assistant

C-Suite Assistants

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. They’ll also manage and distribute information to co-workers and customers. What Skills are Needed to do Admin Work from Home?

article thumbnail

5 Tips for Staying Productive When Working From Home

Productivity Bits

This may seem obvious, but the first thing people who want to work from home need to know is what their business requires for success. For the initiated, that means knowing how much money needs to be coming in to pay bills, manage overhead and put food on the table. Use Business Management Techniques.

2011 100
article thumbnail

Best Business Technology for Small Businesses & Their Owners (28 ideas from them to you!)

Stephanie LH Calahan

  Even if you are not the most technical person on your block, you probably have some form of technology in your life that you love.  Wordpress is not just a software, but a platform for managing, creating and publishing information on the Internet without having any technical and programming skills. It is FREE to use!

article thumbnail

Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

As a result, the IRS was flooded with loads of improperly claimed 941-X forms, causing them to issue a moratorium for new ERC claims that began on September 14, 2023. This includes income tax returns, Forms 941 and 940, and information returns. Here are the stipulations: The expense must be for a business purpose.

Payroll 52