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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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It can also make things more complicated when it comes to filing taxes. Keep reading for tips for how to do taxes as a freelancer and make filing this year a little easier. For 2022, freelancers will pay 15.3% Becoming your own boss can change your life for the better. There are multiple tax tips out there.

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Resilience Stories: After Her Father Was Deported, She Bought and Expanded His New Jersey Restaurant

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Morales was released after 17 days, given a second chance through the DACA policy ( Deferred Action for Childhood Arrivals ) as well as a green card petition filed by her mother, who gained legal status in 2004 after marrying a U.S. I was equipped with both and strong leadership skills that could help me succeed anywhere. “If

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How to Organize Your Hybrid Workweek

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In fact, a 2022 Gallup survey indicates that it will be the predominant work arrangement well into the future. Keep files and equipment organized. It’s also a good idea to digitize your files as much as possible so they are available from any location. The adjustment to this new work setup will require some organization.

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WeWork’s U.K. Struggles Reveal Losses of £110 million

Allwork

parents rose 27%, reaching £731 million. The employee demand for flexible work environments means that there is still a demand for flexible, well-equipped workspaces. WeWork’s U.K. based subsidiary’s net liabilities rose to £377 million — 41% over the previous years, as reported by The Standard. The loans payable to its U.S.

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Small business tax credits and deductions you should know about

BMT Office Administration

And now is the time to think about them, since the tax-filing deadlines for calendar-year corporate returns are fast approaching—March 15 for S corps and April 18 for C corps. Congress routinely showers small businesses with tax preferences. Snag: There are at least 24 different definitions of a small business in the tax code (we counted!),

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Important Changes to Know About The Consolidated Appropriations Act of 2023 was signed into law in December 2022, and it’s collectively referred to as SECURE 2.0 – an update to the SECURE Act from 2019. You can also fax e-filing waiver requests to 877-477-0575. Don’t tinker/modify any company-provided equipment.

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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. Form W-2 filing requirements.

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