Remove Payroll Remove Pension Benefit Remove Taxes
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Financial Implications of Working in Later Life

Money Talk

Higher Social Security Benefit - This can occur three ways: 1. higher benefits payable at older ages due to delayed retirement credits, 2. Tax on Social Security Benefits - Those who work and claim benefits will trigger taxes with a combined income above $25,000 (individuals) or $32,000 (married couples filing jointly).

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The Tax Implications of Closing A Business

Kollath CPA

The Tax Implications of Closing A Business. Schedule SE (Form 1040), Self-Employment Tax, if you have net earnings of $400 or more from your business. File a final tax return and related forms. You’ll need to pay any final wages or compensation, making final federal tax deposits and reporting employment taxes.

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HIVE360’s employee benefits and rewards app, Engage

Employee Benefits

HIVE360 provides expert, compliant and reliable PAYE payroll support and comprehensive employment administration that reduces overheads and improves operational efficiencies for businesses, recruiters and recruitment agencies, their workforce and candidates. For more information: www.hive360.com

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The Pros and Cons of Standalone Overseas Employees in the Remote Work Era

Hppy

Challenges for Businesses Legal and tax implications The biggest headache when hiring overseas is compliance with local laws. Taxation issues and pension complications If the employee is given the nod to work in a country, they have to pay the tax that they owe.

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