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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 264
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6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

And it’s really a worthy endeavor—one he says “absolutely” adds up. Office expenses and supplies Paul Miller, managing partner and CPA at Miller and Company, LLP in New York, says amidst the complexities of the tax code, this write-off is often overlooked. I work from home and use my home garden for nutrition education a lot.

Expenses 261
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Best Business Technology for Small Businesses & Their Owners (28 ideas from them to you!)

Stephanie LH Calahan

Do You Have A Pain In Your Back-up? Everything is backed up on the web automatically. OneNote: My Filing Cabinet In The Clouds. create notebooks and files just like I would with paper, but now it is all organized on my computer. I use Carbonite. I subscribe to it annually, and the program does everything for me.