Taxes and the Gig Economy

Like it or not, the gig economy is here to stay, especially for younger workers and job searchers. While, according to a study from Intuit, 34 percent of workers under 30 are working temporary and/or independent contractor jobs at any given time, and statistics from the BLS show about another 10 percent are permanently freelancers or self employed, nearly 80% of millennials have participated in the gig economy at least once, whether as Uber drivers, contract bloggers and writers, social media marketers, participants in brand-new unstable startups, or at more traditional employment agencies. That’s not to say all of them want to stay there… only 1 out of 11 don’t want to eventually work a standard full time job. Read more…