- Here are some things gig economy workers should know about their tax responsibilities
- IRS
- Independent contractor taxes: What employers need to know
- ADP
- The Complete Guide to Independent Contractor Taxes
- Nerd Wallet
- An Independent Contractor’s Guide to Taxes
- Smart Asset
- A Beginner’s Guide to Independent Contractor Taxes
- The Ascent
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Tax Reporting Obligations for Gig Workers
As an independent contractor, you can deduct reasonable and necessary expenses related to running your business. Tax deductions reduce net income, lowering your business tax bill. At your disposal are the same deductions available to any small business. Scan guides, comprehensive lists of deductible expenses, and tax responsibilities.