Form 1099-NEC

Gig workers should understand their tax obligations

Gig Economy, Independent Contractors, Side "Gig", Tax / Douglas Freeman

The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021 survey, the Pew Research Center found that 16% of Americans have earned money at some time through online gig platforms. This includes providing car rides, shopping for groceries, walking dogs, performing household tasks, running errands […]

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Help ensure the IRS doesn’t reclassify independent contractors as employees

Employees, Federal Income Tax, Independent Contractors, Internal Revenue Service (IRS), Payroll Tax, Small Business / Douglas Freeman

Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers are properly classified for federal tax purposes. If the IRS reclassifies them as employees, it can be a costly error. It can be complex to determine whether a worker is an independent contractor or an

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