There are many terms for providing a service as a small business—gigs, contracting, freelancing, and the trade industry just to name a few. Many people just starting their businesses are enthusiastic to develop their product, but unaware of some simple accounting practices for small businesses. These tips can save both time and money when it comes […]
Gig Economy
How Gig Economy Growth Could Help Close the Labor Gap in Construction
Just 10 years ago, cities across America were mottled with transit deserts—streets, neighborhoods, and entire regions without convenient or affordable transportation options. No trains. No buses. Not even taxis. The only way to get around was by driving your own vehicle—if you had one, that is. If not, it was a struggle to access employment, […]
Is the Gig Economy Doomed?
As the traditional workforce has deemed itself immortal, can the gig economy measure up? The gig economy sparked following the Great Recession of 2008 as the demand for temporary and quick-starting jobs increased. In the decade since, however, the gig economy as expanded at an exponential rate. There are as many as 75 million American […]
Tax Reform’s Impact on Uber and Lyft Drivers
If you’re an Uber or Lyft driver, you may know that your taxes are changing in some pretty dramatic ways. The Tax Cuts and Jobs Act of 2017 ushered in a number of tax savings, as well as a few limitations that aren’t so beneficial to your tax situation. You should consider these changes when […]
Tax Planning for Gig Economy Workers: Everything You Need to Know
Whether you’re an Uber driver or a financial consultant, a private fitness trainer or a freelance graphics designer, you’re part of the expanding gig economy. As a self-employed person, you essentially have your own business. With that comes the responsibility of paying taxes. Here’s everything in a nutshell you need to know about tax planning […]
Overview: The Gig Economy Worker’s Guide to Stability
While the link between the gig economy and the future of work is becoming stronger, the former is still in its infancy. Organizations and individual workers who have jumped onboard are likely to encounter growing pains. Those who continue to ignore it are keeping themselves from the opportunities arising in their respective industries. But both […]
4 Ways the Gig Economy Can Help a Startup
In today’s business world, the gig economy combined with the unique startup company model are overhauling the traditional 9-5 job experience that most workers have grown accustomed to. Together, this is creating a new norm that allows for more freedom and flexibility in the workplace. There are many parallels between the gig economy and startups—both […]
Join the Gig Economy and Be Your Own Boss
Freelancers make up 34% of the U.S. workforce, and that figure is projected to keep rising. Long ago freelancing was something you did only if you were an artist or a writer, but today just about anybody can be a freelancer. The gig economy has grown to include things like driving for Lyft or walking […]
The Biggest Problem Freelancers Have Today
Do you have a side hustle? Yes, a side hustle. For those of you in the dark, a side hustle is the modern day name for moonlighting. It’s having a freelance job, a side gig, or a second job. Are you a Freelancer? The side hustle – or freelancer market has grown so big, economists […]
Inside the Gig Economy
When you’re starting a small business it may be difficult to hire all the help you need when you don’t know how fast your business will grow. That’s where the gig economy comes into play—instead of starting a traditional business you could build an app designed to utilize freelancers as they have availability in order […]
