Gig economy income is taxable no matter what the source. This is true if the work is full-time, part-time or if an individual is paid in cash.
Featured Resources for Taxes
IRS provided advice for participants in the gig economy.
Information provided by the IRS that relates to excise taxes.
Using the new IRS paycheck checkup tool can help taxpayers avoid an unexpected year-end tax bill.
The IRS considers these factors when determining the difference between a business and a hobby.
Eligible taxpayers can claim the deduction for the first time on the 2018 federal income tax return they file in 2019.