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The Average Digital Nomad Is A Single 33-year-old

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A digital nomad is someone who works remotely from their computer and travels around the world while doing so due to the flexibility that this style of working allows for. . But who exactly are these traveling remote workers? . It’s estimated that the number of digital nomads around the world is around 50 million currently.

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12 Last-Minute Gift Ideas For Digital Nomads

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Having lots of bulky baggage is not ideal when you’re trying to travel light, so gifting experiences, digital gifts, or small items is ideal. . Small, portable gifts like a travel adaptor or chic and practical laptop stand make great tangible presents for any occasion. . Wireless travel massage pillow . Travel adaptor .

Gifts 290
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Who’s Stuck With The Bill?

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The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. Those costs include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software.

Expenses 317
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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

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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. This requires careful financial forecasting and discipline to avoid underpayments, which could result in penalties.

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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With one look through your bank statements or accounting software, the accountant can see what came in and went out at any given time without wading through your personal transactions. If you work with an accountant, having everything for your business separate from your personal life can also make it easier for them.

Filing 279
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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Leveraging technology and software tools designed for tax management can make the process run without a hitch. This not only simplifies the task of gathering necessary information during tax season, but also minimizes the risk of missing out on eligible deductions or credits.

Legal 264
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Are You Covering All Expense Bases?

Step It Up VA Coaching

Consider the expenses you incur in these areas: Rent/Mortgage: If you rent or lease an office space, be sure you can easily cover that, and any additional fees that are involved (maintenance, snow removal, etc.) Most VAs work from home offices. Travel and Transportation: Do you do a lot of consulting, or offsite meetings?

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