Remove 2023 Remove Home Office Remove Salary Remove Travel
article thumbnail

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. Greenback Tax Services states that in 2022, the income exclusion was $112,000, and for 2023, the exclusion increased to $120,000.

Legal 264
article thumbnail

Defining The Future Of Work: Key Terms To Know For 2023

Allwork

A term used to describe people who combine remote work and travel. Digital nomads normally require a work visa or a travel visa and are able to enjoy their work/lifestyle with the help of mobile technology, wireless Internet connectivity and cloud computing. Digital Nomad Visa . Entrepreneur . Flex Desk Workstation . Freelancer .

2023 340