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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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Employers offering a range of financial support options — such as retirement planning workshops, debt management counseling, and savings incentive programs — can lead to a more stable, productive, and health-conscious workforce. Here are some options: 1.Retirement These tools can be integrated into an employee portal, allowing easy access.

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

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Another layer of complexity arises from the way their income is earned and reported. Self-employed workers often need to use reliable accounting software or seek assistance from tax professionals with experience in transnational tax matters to keep track of their earnings and report them correctly.

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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Your client will also send a copy of the 1099-NEC to the IRS, so reporting every dollar is vital. Even if a client doesn’t send you a tax form, reporting the income is still important. Proving that you paid taxes on all of your freelance income, not just what was reported, can be helpful if you’re ever audited.

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3 Steps to Take Before Going Into Business for Yourself

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A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Before going into business for yourself, you should have an account set aside to save for these additional expenses. If you’re struggling to save money, take a look at your budget.

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8 Crucial Tax Filing Tips For Freelancers

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It can be hard to stay organized by yourself, especially if you’re a freelancer for multiple organizations, if you own multiple businesses, or if freelance income is only one of your income streams. . Track your expenses and earnings during the year. Retirement contributions . An office in the home .

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Science Fiction To Reality: How Anti-aging Drugs Will Upend The Future Of Work

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He is the latest of many Silicon Valley billionaires to fund the science of anti-aging. Recently, Amazon creator Jeff Bezos was reported to have invested $3 billion in the life-extension company Altos Labs. Perhaps in the future, organizations may even cover the costs of these anti-aging medications.

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Business finance: The ultimate guide for non-finance people

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Or were you recently promoted to a financial role in your organization? The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In Are you eager to launch a startup or new business?

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