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

Allwork

According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.” ” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations. taxation.”

Legal 263
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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Form 1023 is the application needed to apply for section 501(c)(3) status. The cost to file Form 1023-EZ is $275. Is there a big enough need for your services?

Filing 162
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Is the Flexible Working Bill a game changer or paper tiger?

Workplace Insight

The Employment Rights Act 1996 has continuously evolved – the Employment Relations (Flexible Work) Bill alters and extends this act in its current form. This highlights the cost savings from reduced turnover since recruiting and training can cost up to nine months of an employee’s salary.

Salary 111
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Small businesses can outsource all of their HR operations, or just specific HR tasks that they don’t have the bandwidth to manage internally. HR service providers will have well-crafted, legally tested policy recommendations that can be customized for your business. With an in-house team.

Payroll 52
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Write The Best Job Descriptions In 7 Easy Steps | Free Templates

Recruit CRM

Here are three core pointers of a good job description: Explains the reality of the role Showcases the organisation's culture, and A bit of marketing for the company In short, a job description is used for a variety of reasons— starting from the most obvious, which is recruiting, determining salary ranges, creating job goals, job titles and more.