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8 Crucial Tax Filing Tips For Freelancers

Allwork

who earn freelance income face confusing tax guidelines and difficult requirements for filing your own taxes. . It’s confusing and difficult, for most people, to know how you’re supposed to file your own taxes when freelance income has been earned from one-time jobs or contract work. . Retirement contributions .

Filing 328
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What Is a Health Savings Account?

Success

We all know we need to prepare for future healthcare costs, but learning how much to save can be difficult. Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. What is an HSA? HSA drawbacks.

Health 279
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6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

We have so much love for taxes because we get to help filers maximize returns and learn about their finances. Additionally, self-employed individuals can leverage deductions for home office expenditures and health insurance premiums. Identifying and properly utilizing these deductions can significantly impact tax liabilities.”

Expenses 262
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Do I Need to Buy Life Insurance?

Success

Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. The premium is generally calculated based on the age, gender and health of the person purchasing the policy, among other factors. But it doesn’t have to be a painful experience.

Policies 264
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. What is a W-2?

Payroll 52
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Tips to Go Almost Paperless - Productive & Organized

Stephanie LH Calahan

  I have so many piles and I don't want to file it all."   If your computer files are organized, you will be able to do a search and find what you are looking for quickly. We get the email notifications and save them to a file on our computer (we do not print them).  Make Sure You Back it Up!

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Reaping the Rewards of Meaningfulness

Energage

It grows careers with opportunities for advancement and learning, and then it reaps the rewards that come with employee longevity. With the arrival of a recession, paying the bills meant doing consulting from a basement office with a file box for a table. Now Rolband has retirement plans, but he seems far from slowing down.

Salary 40