article thumbnail

Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

Self-employed workers often need to use reliable accounting software or seek assistance from tax professionals with experience in transnational tax matters to keep track of their earnings and report them correctly. Additionally, the Schedule SE form is used to calculate self-employment tax owed.

article thumbnail

5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

With a traditional job, all you need to file your taxes is your W-2 tax form at the end of the year, showing what you made and how much you had withheld for federal and state taxes. With freelancing, you’ll likely have multiple clients, each sending you a 1099-NEC form (previously a 1099-MISC) showing what they paid you.

Filing 257
Insiders

Sign Up for our Newsletter

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

article thumbnail

Using Technology For Wellness Initiatives: How SaaS Can Help

Allwork

1 in 10 employees didn’t even have the proper internet connection after one year of working from home according to Microsoft. . Navigating new methods of working means more than setting up a workspace at home. For many, it has required hours of learning new programs and other software to make their lives easier. .

Health 306
article thumbnail

Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

.” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations. Firstly, it is the simplest and least expensive form of business to set up and maintain. There is no legal distinction between the owner and the business.

Legal 264
article thumbnail

How to Work from Home as an Administrative Assistant

C-Suite Assistants

Online savvy and self-discipline are skills that are especially important for admin work from home. Effective communication with upper management is an art form. Use software for expense tracking and budgeting (i.e. What Makes an Effective Virtual Assistant? Plan for breaks away from the computer to stay fresh and productive.

article thumbnail

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

Stephanie LH Calahan

.  Even if you are not the most technical person on your block, you probably have some form of technology in your life that you love.  We started by asking this question: What tech tools (office machine, gadget, hardware, software or online tools) could you not live without, why and where can we find it?

article thumbnail

4 Ways to Increase Your Chances of Finding Remote Work

On The Job

Census data show that more employers are letting workers set up home offices to get work done with 61 percent more workers considering home their primary workplace in 2009 compared with 2005. No matter what your industry, it's critical that you show you're up on the latest software in your field. Write well and often.