Remove Equipment Remove Expenses Remove Travel
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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 317
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This Digital Nomad Couple Sold Everything to Travel the World in a Sailboat—Here’s What They’ve Learned About Life, Goal Setting and Relationships

Success

He stumbled on a story about Matt and Jessica Johnson, an American couple who sold everything to buy a sailboat and travel the world with their cat. The boat is a fragile piece of equipment, you can lose it from one day to the other if weather comes or you have a fire. But it is tiring, exhausting and uncertain.

Goals 306
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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

It’s crucial for freelancers to closely and continually track their income and expenses, as this determines their net income, on which taxes are due. To calculate their taxable income, freelancers must first tally all their revenues and then subtract their allowable business expenses.

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Five Must-Haves Every Aspiring Digital Nomad Needs To Succeed In 2024

Allwork

Up-to-date passports are essential for digital nomads, as many countries enforce a six-month validity rule to ensure that travelers’ passports do not expire while they are within their borders. Travel experts highly recommend travel insurance when abroad for a prolonged period to avoid potentially high medical costs.

2024 264
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Are You Covering All Expense Bases?

Step It Up VA Coaching

As entrepreneurs/business owners, we take great care in setting rates, creating packages and tracking the hours we and our teams put in; but are our rates really paying for our expenses? You may also consider health insurance as an expense, especially if you had to buy your own after leaving your job to work for yourself.

Expenses 100
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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. That way, you don’t have to worry about your grocery expenses getting mixed up with your office rent come tax time.

Filing 278
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Your Step-by-Step Guide To Planning A Successful Work Retreat

Allwork

Are work retreats a worthwhile investment in your workforce, or merely another expense? Additionally, they should assess the logistical feasibility, including travel convenience and budget. A well-planned work retreat can foster team cohesion, boost morale, and spark innovation, but it requires thoughtful preparation.

Budget 306