Do Gig Economy Workers Need (Deserve) Special Tax Treatment?
Yes, the headline asks two very different questions. I will weigh in on this new and developing topic in today’s blog post. My post was prompted by the numerous articles setting forth five, or 10, things a gig worker should do at tax time, and pulling at that string just a bit. The IRS’ recent announcement regarding the delay of the 1099-k rules for third-party payors such as Venmo also pushed me in that direction. This is something that’s been brewing since the advent of smart phones and apps/platforms that allow for gig workers to find work. For your consideration: “That Seems About Right,” Says Soon-To-Be-Audited Man CAMDEN, MN—While filling out a 1040 form and other documents Tuesday in preparation for filing his 2012 federal tax returns, local man Robert Moran, a blog writer who will shortly be audited by the Internal Revenue Service, announced that his calculations seem to all add up fine. “Well, I’m self-employed and work mostly from the kitchen, which ta...