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8 Crucial Tax Filing Tips For Freelancers

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who earn freelance income face confusing tax guidelines and difficult requirements for filing your own taxes. . It’s confusing and difficult, for most people, to know how you’re supposed to file your own taxes when freelance income has been earned from one-time jobs or contract work. . Contractors and other gig workers in the U.S.

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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It can also make things more complicated when it comes to filing taxes. Keep reading for tips for how to do taxes as a freelancer and make filing this year a little easier. This way, you can label or tag a file or email, making searching for a specific transaction or dollar amount easier. There are multiple tax tips out there.

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Alphabet Sustains $500 Million in Costs After Google Office Space Downsizing

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How it’ll impact the future: In the Securities and Exchange Commission filing, Alphabet hinted that further decreases in office space utilization could be on the horizon — whilst simultaneously pledging to invest more heavily in their technical infrastructure, according to Chief Financial Officer Ruth Porat.

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Dell Initiates Major Cost-Cutting Measures by Laying Off Over 6,000 Employees

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What’s going on: Dell has announced that it will reduce its workforce by 5%, amounting to around 6,650 employees, as stated in an SEC filing. Why it matters: The tech industry is no stranger to layoffs, and PayPal’s most recent job cut announcement is the latest example of this trend.

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US Accounting Firms Turn to India as CPA Shortage Worsens

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The accountant shortage is being acutely felt throughout the market,” the National Talent Advisory Group study found, adding that several businesses such as toymaker Mattel reported a delay to annual reports and other key filings due to the shortage.

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WeWork Preparing to File for Bankruptcy Amid Massive Debt and Losses

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WeWork is reportedly preparing to file for bankruptcy as soon as the coming week, according to an insider, due to the company’s significant debt and considerable losses. The flexible workspace provider is contemplating filing a Chapter 11 petition in New Jersey, as per the WSJ’s sources.

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Financial Chaos Amplifies As WeWork Is Days From Filing For Bankruptcy

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WeWork is on the brink of filing for Chapter 11 bankruptcy protection, which could happen as early as next week. Following the Tuesday afternoon reports, WeWork’s shares plummeted by 37% in pre-market trading, according to CNN Business. During regular trading stock market hours this percentage reached over 40%.

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