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

Allwork

Self-employed workers, freelancers, and digital nomads often receive income from various international clients. Tax season for this demographic will often involve a tedious, meticulous process of gathering financial records from different sources and potential international income streams.

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

Allwork

According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.” Firstly, it is the simplest and least expensive form of business to set up and maintain. Freelancers may be interested in a sole proprietorship for several reasons.

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