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Remote Work Boom Creates Tax and Legal Risks for Digital Nomads And Their Employers

Allwork

There is also a need for compliance with local employment laws, immigration standards, and health and safety regulations. However, such exemptions are not universally available, making it important for both employees and employers to understand the specific regulations of the host country.

Legal 130
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Setting up employee personnel files is an important part of the recordkeeping process. However, sometimes people mistakenly think of these files as a catch-all for an individual’s paperwork. Rather, understand that general personnel files serve a distinct purpose. What to include in an employee’s personnel file.

Filing 121
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. ” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations.

Legal 261
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?

Filing 52
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Do I Need an Estate Plan?

Success

The other purpose of a will, and in some cases, a trust, is to designate guardianship of your minor children or other people you are legally responsible for. The executor you name will handle your bequests and filing pertinent information with the court. An estate plan will provide for young children.

Medical 204
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4 Smart Money Moves to Plan for Financial Security

Success

If you’ve taken any kind of personal finance course, you probably know about the importance of an emergency fund to your overall financial health. In 2021, that limit is $140,000 for individuals and $208,000 for married people who file their taxes jointly. You should consult your own tax, legal, and accounting advisors.

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The Perils Of Ignoring Sexual Harassment Training

Allwork

Equal Employment Opportunity Commission (EEOC) defines workplace harassment as “unwelcome or offensive conduct that is detrimental to an employer’s work performance, professional advancement, and/or mental health.”. These employees feel valued, better informed and will be more likely to remain in their jobs.

Training 261