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

Allwork

It’s possible to have missed opportunities in areas where you might have been able to restructure your personal finances. If you work as a freelancer or engage in work similar to the 16% of Americans who earned money from an online gig platform in 2021 , then there are multiple avenues to explore when bracing for next tax season.

Legal 264
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4 Smart Money Moves to Plan for Financial Security

Success

That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

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5 Types of Tax Fraud Activities You Should Know About In 2021

Small Business CEO

The Internal Revenue Service (IRS) treats all tax issues seriously, and this includes filing a false tax return and accompanying documentation. Here are five types of tax fraud activities that you should be aware of in 2021: Willfully underreporting taxable income. Different background checks serve varied purposes.…

2021 105