The Week (US)

The taxing nature of the gig economy

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“Millions have joined the gig economy,” said Aimee Picchi in USA Today. And although there are plenty of perks, such as flexible hours, for the estimated 41 million Americans participat­ing, there’s also a big downside: taxes. The IRS expects gig economy workers who expect to owe more than $1,000 in annual tax to make quarterly payments. “Gig income can fluctuate month

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