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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 264
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Women in Wine: 4 Sommeliers Shaping the Future of Mexico’s Wine Industry

Success

Often referred to as the Napa Valley of Mexico, Valle de Guadalupe is a burgeoning wine region in Baja California, Mexico, that has impressed newcomers like myself and kept its decades long loyalists coming back for more. Today, the association has over 100 members that network and create job opportunities for women winemakers in the region.

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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. Some organizations with income less than $50,000 can file Form 990 E-Z or Form 990-N , a short electronic form also referred to as an “e-postcard.” “The

Filing 162
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Beyond the Org Chart: How Procedures Elevate Leadership in Administrative Professionals

All Things Admin

She was very appreciative to have such a detailed point of reference to help her quickly get up to speed. I was asked to share my binder with the legal secretaries in my division in our Chicago and Washington, D.C. offices, and train them in how to create their own desk reference guide.

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It’s time to review (or create) your document retention policy

BMT Office Administration

Legal consult proves especially helpful in matters involving the organization’s litigation hold policy. Their advice places a legal hold on physical and electronic records that should not be deleted because of potential future use. When constructing your policy, examine legal and regulatory guidelines.

Policies 105
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Recruitment documents Human resources departments should retain documents related to the hiring process, especially if you need to refer back to them later. Also, you’re legally obligated to retain these records for at least one year by the EEOC. That means there aren’t any crucial files that you must include by federal or state law.

Filing 52
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Stay organized and secure with electronic records management

BMT Office Administration

Jan bit her lip and hoped that Laura had not accidentally tossed evidence the legal department might need in a harassment lawsuit. The second action opens up the company to potential legal and regulatory problems. Some types of business records, such as tax forms and legal documents, are relatively easy to spot.