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The Legal and Tax Complications Faced by Digital Nomads and Their Employers

Small Business Labs

.  A quick summary of the article is if you're working remotely, it can be pretty complicated and potentially expensive from a tax perspective. But remote work is even more legally challenging for employers. As the MBO Partners report chart below shows, this growth was mostly driven by digital nomads with traditional jobs.  

Legal 221
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Gig Economy Fragile As Remote Work Derails Uber, Getir

Allwork

billion — despite a slight dip from the previous quarter. According to a recent financials report published by Uber , the company saw a 21% increase in daily trips over the previous year, with mobility gross bookings surging by 25% year-over-year to $18.7 billion — despite a slight dip from the previous quarter.

Legal 130
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations. There is no legal distinction between the owner and the business. Firstly, it is the simplest and least expensive form of business to set up and maintain.

Legal 263
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WeWork Navigates Global Lease Terrain, Saves Billions Amidst US Challenges

Allwork

WeWork had argued that landlords could receive payment through alternative methods including letters of credit instead of depleting its cash reserves. It’s reported that WeWork has now successfully renegotiated leases with over 80 building landlords globally, and the company stated that it has saved over $1.5

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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

This helps support our journalism. Learn more here. Having a good payroll service can make or break a company. If you don’t pay your employees, they leave.

Payroll 246
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Preparing to Move Overseas? Read This First

Success

As soon as you move abroad , you’re in charge of paying for your medical expenses, as your United States health insurance won’t let you submit any assertions, says Elena Jones, a personal finance expert at FinanceJar. Once you become a legal resident, you can sign up for the national health care in your new country.

Medical 264
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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Most states require nonprofit corporations to file an annual report. You can complete the annual report online, and it is often due at the end of the fiscal period.

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