Remove Document Remove Filing Remove Salary
article thumbnail

4 Retirement Plans Small Business Owners Should Consider

Success

SEP IRAs also don’t require yearly filings like 401(k)s or other retirement plans. Employers must contribute equally : To contribute to a SEP IRA, business owners must contribute the same percentage of salary for each employee. Unlike a 401(k), the company is not required to do discrimination testing or file yearly reports.

article thumbnail

Do I Need to Buy Life Insurance?

Success

To calculate how much insurance to buy, some experts recommend multiplying your salary by eight. Others say to multiply your annual salary by the number of years you have before retirement. Store the policy documents securely, along with the rest of your estate plan and financial details, in a fireproof file box or other safe place.

Policies 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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. While celebrating U.S. Part of that process starts with taking notes on how you work, for how many hours, and from where.

Legal 264
article thumbnail

How to Start a Nonprofit Organization In 5 Simple Steps

Success

Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Will the secretary be able to keep track of the records and filings? Each state has different rules and regulations for filing.

Filing 162
article thumbnail

Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

Allwork

Even if an employee doesn’t file a claim but is merely alleging age discrimination, HR and legal will likely investigate the allegation as a best practice. Maybe you are ready to trade in some salary for greater flexibility in hours or location. At this point you need to document everything that you are seeing and feeling.

article thumbnail

A PA’s guide to confidentiality

Practically Perfect PA

As a PA or EA, your ability to handle confidential subjects, issues, emails and documents is essential. Confidential emails and digital files. The issue of confidentiality is especially pertinent when it comes to handling emails and electronic documents. It may also be worth deleting sent emails and temporary files.

Gossip 100
article thumbnail

What Employees Really Want This Holiday Season

Energage

My healthcare is very costly, and I’m in a worse financial position because of it, even though my salary is higher than my previous position. Or we are required to look through our public SEC filings.” More effective meetings 69% of employees believe that meetings make good use of their time.