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

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. There is no legal distinction between the owner and the business. While celebrating U.S.

Legal 264
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US workers gain more freedom to change jobs as government bans noncompete agreements

Workplace Insight

Additionally, the rule is expected to lead to lower healthcare costs and a surge in innovation, with estimates suggesting as many as 29,000 more patents filed each year in the coming decade. “They will have more freedom to choose where they work and can expect to command higher salaries.”

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The Million Dollar-Mistake Businesses In California Cannot Afford To Make: Compliance Deadline Approaching!

Allwork

For California employers, this bill creates a long to-do list: calculate the mean and median hourly salary rates, meet the new deadline for filing pay data reports, learn the new separate requirement for labor contractors, and understand noncompliance penalties. Calculate the mean and median hourly salary rates 2).

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Do Women Need to Save More When Planning for Retirement?

Success

Negotiate for a higher salary. Not only does getting a higher salary mean you can contribute more to your retirement accounts, but your Social Security payment is based, in part, on your highest 35 years of earnings. It means they are legally and ethically required to put your interests ahead of their own.