According to the New York Times, most gig economy workers lag behind those with traditional jobs in saving for retirement. However, parts of a new federal law can help them catch up. Questions: Sources: Carnes, A. (2023). For Freelancers, New Federal Help in Saving for Retirement. The New York Times, Jan. 6 (Retrievable online at… Read more »
Posts Tagged: Gig Economy
Closet cleaning? Did you sell something online for over $600 this year? Watch out for your IRS Form 1099.
According to the New York Times, a new change in tax law may result in Form 1099s to be sent to some small time sellers for online sales. Questions: What was the aim of this new tax law? When did the law take effect? The law is part of which congressional action? Which online marketplaces… Read more »