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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

By spring 2022, this figure rose to 9%. Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. By spring 2022, this figure rose to 9%, as businesses became adept at remote work practices and invested in supporting technology.

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

Allwork

The intricacies of managing your tax information, including all the nuances of making sure you filed your tax information the right way, can feel overwhelming. Firstly, it is the simplest and least expensive form of business to set up and maintain. Freelancers may be interested in a sole proprietorship for several reasons.

Legal 264
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3 Financial Tips to Consider Before Pursuing Your Passion Full Time

Success

By 2020, we’d both become full-time entrepreneurs and today, we’re well on track to fully replace our old job salaries by 2022 if not sooner. The general rule of thumb is to have three to six months of your living expenses set aside in a savings account for emergencies. Have considerable cash on hand.

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Authentically Gen Z: The Values, Aspirations & Drivers That Will Re-Define The Future Of Work

Allwork

Let’s dive into the five key aspirations and drivers we’ve uncovered from this generation: Amenities, Benefits & Salary: A Shifting Mindset. Amenities, Benefits & Salary: A Shifting Mindset. Our HR managers confirm this unique differentiator greatly impacts candidates’ decisions. Technology & Flexibility Reign.

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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. Here are five items we see coming this year.

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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

Employee financial stability dropped almost 10 percentage points in 2022; more than half of the country’s workers are living paycheck to paycheck. Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses. But what constitutes “economically safe?”

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5 Different Types of Retirement Plans You Need to Know About

Success

There are some exceptions to the 10% penalty, such as a first-time home purchase, qualified college expenses or birth or adoption expenses, but you’ll still have to pay taxes on the withdrawal. Employers can also match employee contributions up to a percentage of the employee’s salary under this type of retirement plan.