Are you inside IR35? – the latest guide for freelance contractors

Recent highlights:

1. And as HM Revenue & Customs (HMRC) continues to update its guidance, many questions still remain, for example around the issue of employer National Insurance contributions and who will ultimately pick up the tab for this additional tax burden when a contractor is deemed to be 'inside IR35'.

2. Where it's up to the client to assess status, they must outline their decision, and reasons behind it, in a Status Determination Statement (SDS) sent directly to the contractor

#biyro #business #taxes #fortlauderdale #bookkeeping

More: https://biyro.com/blog/freelance/are-you-inside-ir35-the-latest-guide-for-freelance-contractors/

Estimated taxes for 2022: What they are, who needs to pay them, and when they're due

Recent highlights:

1. You may be charged a penalty if: You forgot to pay estimated taxes or your payment was for less than 90% of the tax amount owedIn some cases, you overpaidIf you want to delve further into estimated tax penalties and conditions of a waiver, see the instructions in IRS form 2210.

2. Essentially, estimated tax allows you to prepay a portion of your income tax every few months to avoid paying a lump sum on Tax Day. 

3. However, if your state does levy income taxes, you will make estimated tax payments using the same deadlines for federal taxes

#biyro #womenownedbusiness #entrepreneur #taxrefund #business

More: https://biyro.com/blog/freelance/estimated-taxes-for-2022-what-they-are-who-needs-to-pay-them-and-when-theyre-due/

What Happened to WeWork? The True Story Behind 'WeCrashed

Recent highlights:

1. While you could rent a desk for as long or, crucially, as little as you liked, WeWork had to pay the whole rent for the space regardless — meaning the company began to bleed cash.

2. Neumann pitched WeWork as a movement and ran his company accordingly.

3. Despite broadcasting themselves as the next tech firm to shake up our lives, WeWork was actually an old school real-estate firm, which meant the huge cash injections they received didn't go as far as they would in the tech firms they were modelling themselves on, as they had all the IRL overheads of old-school landlords

#biyro #smallbusiness #atlanta #brooklyn #business

More: https://biyro.com/blog/freelance/what-happened-to-wework-the-true-story-behind-wecrashed/

As the ranks of freelancers swell, the taxman cometh for those in Arlington

Recent highlights:

1. Customers can get confused and think that they should pay a flat fee for gross receipts up to $100,000, plus the tax rate on the remaining receipts, however, the correct amount to file and pay is based on multiplying the total gross receipts by the tax rate, said Susan Anderson, the communications director for Arlington's Office of the Commissioner of Revenue.

2. Independent workers can deduct their expenses from their state and federal taxes, but locally, Arlington's Business, Professional and Occupational License (BPOL) tax collects on pre-expense revenue, or gross receipts

#biyro #fortlauderdale #businessowner #creditrestoration #business

More: https://biyro.com/blog/freelance/as-the-ranks-of-freelancers-swell-the-taxman-cometh-for-those-in-arlington/

How I Got Here: Freelance content creator and social media manager Carmen Azzopardi on taking that career leap

Quick summary:

1. When she's not Dyspnea's PR Fairy or Raq Apparel's Marketing and Social Media Manager, Carmen is a Sydney-based freelance writer and content creator.

2. After I spent a year realising I did in fact want to be back in the fashion and media world, I worked as a marketing manager for a fast fashion brand (yuck) and began creating content for Dyspnea on the side.

3. While Carmen switches between her professional life with a 24/7 content creator role, it's the wisdom she's learnt – from her experiences and those of friends around her – that made her the incredible industry balancing act she is today

#biyro #love #creative #business #blogger

More: https://biyro.com/blog/freelance/how-i-got-here-freelance-content-creator-and-social-media-manager-carmen-azzopardi-on-taking-that-career-leap/

Freelancer : 2021 Financial & Directors Report Correction

Quick summary:

1. Gross Payment Volume (GPV) is calculated as the total payments to Freelancer and Escrow users for products and services transacted through the Freelancer and Escrow websites plus total Freelancer and Escrow revenue.

2. Your Directors submit the financial report of Freelancer Limited (the Company) for the year ended 31 December 2021.

3. FREELANCER LIMITED (ASX:FLN): CORRECTION TO NOTE 4 OF 2021 FINANCIAL AND DIRECTORS REPORT

#biyro #freelance #streaming #artforsale #business

More: https://biyro.com/blog/freelance/freelancer-2021-financial-directors-report-correction/

Top platforms where data scientists can find remote jobs

Quick summary:

1. The platform connects companies with highly skilled freelance experts and management consultants to bridge talent gaps, reinforce their teams, and support their transformation projects across all functional areas, including strategy, marketing and sales to operations, technology, and IT quickly and cost-effectively.

2. Turing is a Palo Alto-based 'deep' jobs platform that allows software developers/ data scientists to work with top US firms from the comfort of their homes.

3. F6S lists jobs for remote positions and locations; jobs can also be searched based on compensation and equity

#biyro #instagram #usa #business #science

More: https://biyro.com/blog/freelance/top-platforms-where-data-scientists-can-find-remote-jobs/

How To Be A Freelance Video Editor

Quick summary:

1. The right equipment and skills Sufficient market knowledge Niche services to reach your audience A legal business structure Strong marketing to earn clients Finances organised for successTo prepare for your freelance career, next you may want to check out our article on common freelancer challenges and how to overcome them. 

2. Do you want to turn your video editing skills into a profitable freelance business?

3. Now that you know how to be a freelance video editor, you can use this guide to transform your business idea into reality

#biyro #business_card #businessopportunity #instabusiness #smallbusinessshoutout

More: https://biyro.com/blog/freelance/how-to-be-a-freelance-video-editor/

Oxford Climate Journalism Network announces second cohort

Quick summary:

1. Daniella Cheslow is a US reporter based in Washington DC; she is the DC audio reporter for The Wall Street Journal.

2. Jose Alison Kentish is a freelance science and health journalist from Dominica; she is based in Roseau and her work appears in Inter Press News Service, BBC Future Planet and Inverse Science.

3. Pere Bosch is a Spanish reporter based in Sant Feliu de Llobregat; he is an Anchor and Reporter at TV3

#biyro #business #music #love #art

More: https://biyro.com/blog/freelance/oxford-climate-journalism-network-announces-second-cohort/

Donald Long of Spartanburg SC on Local Government Management Consulting

Recent highlights:

1. Dr. Donald Long and Carolyn Long of Spartanburg, SC both note that local government management consultants provide a variety of services to improve the operations or a municipality—whether that be by cutting costs, reducing inefficiencies, or developing better plans of action to complete municipal projects.

2. Local government management consultants are professionals who provide a variety of services to municipalities, including advice on how to improve the efficiency of operations, reduce costs, create plans and budgets, as well as provide guidance on the best practices for municipal operations

#biyro #consulting #business #usa #workspermits

More: https://biyro.com/blog/freelance/donald-long-of-spartanburg-sc-on-local-government-management-consulting/