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Making Taxes Less Taxing

Success

For example, viewing your taxes as a time-consuming duty to check off your list will make it seem like a chore. Lee lists the following benefits of doing your taxes: You may discover expenses that have been billed twice by mistake. You can determine expenses to cut. “How you frame doing taxes [is what] really matters,” Lee says.

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

Generally, the expenses involved in operating your business or side hustle can be tax-deductible. So you can’t just go on vacation or buy a new car and claim it as a deductible business expense. For this example, let’s use $2,000. But the IRS has many rules about when and how you qualify for a deduction. Every dollar counts.

Filing 278
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Who’s Stuck With The Bill?

Allwork

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 315
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6 Green Employee Benefits Companies Can Offer to Reduce Their Carbon Footprint

Success

For many years, health and retirement were the crux of employee benefits packages. At MIRA Safety , a company that provides personal safety equipment, “if an employee chooses to travel by rail instead of flying or [visits] an environmentally friendly destination, they will receive additional paid time off.

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

BMT Office Administration

Examples of nonemployees are contract workers, freelancers, or sole proprietors that you have done business with. Does the business provide all necessary tools or equipment or does the worker provide their own tools? It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work.

Payroll 52
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Pauline Roussel CEO at Coworkies and Co-author of “Around The World in 250 Coworking Spaces” | Driving Collaboration: How Coworking Spaces Foster Connections in Work Communities

Allwork

But we already have plenty of examples and including in our book of the positive impact of coworking spaces in less populated areas around the world. There are a few stories in the book from Vienna or from Berlin where they did partnerships with larger companies to equip the space. So that’s one example.

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Premarital Money Talks: How to Talk About Finances Before Tying the Knot

Success

How you’ll manage your accounts and share expenses Will you share joint checking and savings accounts? How will you pay your expenses—e.g., In others, partners share responsibilities such as paying bills or monitoring investment and retirement accounts. Keep your accounts separate? Or do a mix of both? from the joint account?

Finance 246