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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 . ” .

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4 Smart Money Moves to Plan for Financial Security

Success

They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. Start a retirement plan. You’re young, and retirement probably feels light-years away.

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Who’s Stuck With The Bill?

Allwork

There are also some countries and cities that are legislating reimbursements for remote work costs and putting the onus on employers to ensure health and safety for remote workers. This can include the cost of a dedicated work laptop, printer, phone and internet.

Expenses 317
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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

More practically, cancel the deceased employee’s company email and security card, and retrieve their company-issued cell phone and laptop. health, dental, vision, retirement) and involuntary deductions, like garnishments. For the year the employee died, you file W-2 and 1099-MISC forms.

Payroll 52
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6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

Additionally, self-employed individuals can leverage deductions for home office expenditures and health insurance premiums. Internet and at-home Wi-Fi falls into the same realm if you work from home and the internet is needed for you to operate your business (on the computer or phone). 223(d)(2)(D).

Expenses 261
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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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Day in the life: Catherine Thomas, EA, Public Health Wales

Practically Perfect PA

In London, I met my husband-to-be (now ex) and I ended up retiring and moving to the Caribbean for 5 years. The post Day in the life: Catherine Thomas, EA, Public Health Wales appeared first on Practically Perfect PA. A fabulous role which I loved. I got married, moved countries (with a cat) and had a baby in 9 months!

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