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Personal Finance Expert Anthony O’Neal Shares 3 Tools for Remote Workers to Maximize their Financial Security

Success

Looking around my home office, I can see it’s true that today’s working landscape appears vastly different from the cubical view of years past. These digitally-savvy professionals are budgeting out their time to efficiently add more income opportunities and leaning on three specific tools to maximize their financial security.

Finance 124
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2021 tax deduction checklist: 10 expenses small business owners can write off

Ruby

Home office expenses With so many people working from home in the past year, you’ll want to closely review the IRS’s rules around home office deductions. Keep in mind that we’re talking about the IRS here, so you have to meet specific criteria: First, your home office has to be your principal place of business.

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Making Taxes Less Taxing

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for Social Security and 2.9% Talk with your accountant or tax adviser to determine the best entity to go with for your business. You’ll Pay More In Taxes Than You Did As An Employee You’ll pay a 15.3% tax rate as a self-employed person, which includes 12.4% for Medicare.

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How to Launch (and Maintain) a Successful E-Commerce Business

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This can be done from your home office but quickly becomes unscalable. When you get niche, it’s easier to partner with affiliates, influencers and advertisers. Test with online advertising. But ask me if I’d prefer the security of my old 9-to-5 career and I’ll laugh. Physical or digital products? Or a service?

Sales 115
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Your Guide to Avoiding Job Scams in 2025

Work Life

Thats often followed up with a request to provide their Social Security number, photos of their drivers license or other forms of ID, and/or bank information. Fake check scams In fake check scams, employers send new hires a check to pay for items theyll allegedly need for the job, like home office supplies.