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8 Crucial Tax Filing Tips For Freelancers

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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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What Is a Health Savings Account?

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Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. On this week’s episode of the rich & REGULAR podcast, Julien discusses his decision to have a vasectomy, and shares some more information on health savings accounts. What is an HSA? HSA drawbacks.

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Preparing to Move Overseas? Read This First

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Have you decided to live the #beachlife or the #retired life or just the #offgridlife? Before you move, here’s what you need to know about everything from establishing residency abroad to health care, taxes, visas and costs. Health care. health insurance may not cover you. You have to file U.S.

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4 Smart Money Moves to Plan for Financial Security

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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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Do I Need an Estate Plan?

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In addition, it’s vital to make a plan for a child or family member with health issues or developmental disabilities so that they are provided for, no matter how old they are or what happens to you. The executor you name will handle your bequests and filing pertinent information with the court. An estate plan will help reduce taxes.

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Do I Need to Buy Life Insurance?

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The premium is generally calculated based on the age, gender and health of the person purchasing the policy, among other factors. Others say to multiply your annual salary by the number of years you have before retirement. As part of your research, consider the financial health of the company.

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Who’s Stuck With The Bill?

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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. You’ll also most likely need some office stationary like files, paper, pens and staplers.

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