article thumbnail

8 Crucial Tax Filing Tips For Freelancers

Allwork

who earn freelance income face confusing tax guidelines and difficult requirements for filing your own taxes. . Identifying common freelance tax errors to avoid and employing a website/software that helps keep track of the numbers, such as Bench or FreshBooks , can help. . Contractors and other gig workers in the U.S.

Filing 328
article thumbnail

8 Tools To Help Build An Efficient Asynchronous Workflow

Allwork

At the Zoomtopia 2023 event , the company unveiled its vision for the future of work, which places an emphasis on hybrid collaboration and new AI-driven enhancements for its software. The software is a scheduling automation platform designed to streamline the process of setting up meetings and appointments.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ethical AI Debate Intensifies as Musk Takes OpenAI to Court

Allwork

In a legal move that spotlights the growing tensions over the overall direction of artificial intelligence development, Elon Musk has filed a lawsuit against OpenAI and its CEO Sam Altman. The lawsuit claims that OpenAI has strayed from its original mission of advancing AI for the public good — prioritizing profit, and Microsoft, instead.

article thumbnail

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. According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.”

Legal 264
article thumbnail

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
article thumbnail

What Every Business Needs to Know About Managed Development Services

Allwork

However, when it comes to developing new software apps, if you modify that expression slightly to “good, fast, and most affordable,” you can achieve all three objectives at once. Hourly rates for software developers in Europe, for example, can range from about $30 to $50+ per hour, depending on their experience and location.

article thumbnail

How To Manage Partnership Risks In The Future Of Work

Allwork

FTX — the crypto exchange he founded, which represented the source of his wealth — filed for bankruptcy on November 11, along with 130 other entities associated with it. That filing stemmed from the revelation of some very shady bets and trades, which led to a run on the exchange and federal investigations for fraud. .