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SEP IRA: What You Need to Know About This Retirement Plan Option

Success

Finding the right retirement plan for your business can take time and effort. One retirement plan option available to business owners and self-employed individuals is the SEP IRA, or the Simplified Employee Pension plan. It allows you to save for retirement based on your earned income. What is a SEP retirement plan?

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

Allwork

Beyond all of that, there are also factors with long-term tax implications, such as planning for retirement and understanding the implications of the self-employed pension contributions or social security payments, which in some jurisdictions could be voluntary. Additionally, the Schedule SE form is used to calculate self-employment tax owed.

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Stay on track with this payroll compliance checklist

BMT Office Administration

These are typically salaried employees, but employers must verify that each job role passes specific tests before the employee filling it may be classified as hourly. Collect the required forms. The main two are the I-9 form and IRS Form W-4. An I-9 form is a very important piece of compliance documentation.

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Do You Know Your Lifestyle Ratios?

Stephanie LH Calahan

Most of the entrepreneurs I talk with tell me that they started their business because they wanted some form of freedom.    Revenue, net income, total expenses, and payroll costs are just a few of the items that you may be monitoring on your profit and loss statement.    What about you? Monthly Hours.

Lifestyle 100
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Will This Tough Job Market Change Generation Y?

On The Job

Finnigan says recruiters, who often called young job seekers “challenging,” now report Generation Y job candidates are more willing to compromise on salaries or job duties. Today, more than 50 percent of candidates say they will take the salary offered. They want you ready-formed with skills you can use day one.

2009 100
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Is Your Education Useless? | Men With Pens

Men With Pens

Besides, as I was told when I was looking at the dismal entry-level salaries being offered when I graduated, and my Dad was wondering aloud why he had paid $$$ for a degree that wouldn’t get me much more than minimum wage (I wanted to go into book publishing, go figure), I shared the quote I got from the university’s job office.

2009 40
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Free Blog Posts | Men With Pens

Men With Pens

Time to think about the retirement fund.&# “We get to retire? No one ever told me that…&# We both know there’s no retirement fund in what we do. It was free because it was idle; it wasn’t supposed to be the sort of business expertise that many companies would shell out good money for in the form of a consultant.

2009 40