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Gig work has been a game changer for many people, allowing them to parlay skills into side work that can add income without having to formally get a new job. Find Out: 6 Reasons Your Tax Refund ...
The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want. New York: American Management Association. ISBN 978-0-8144-3734-6. Oppong, Thomas (2018). Working in the Gig Economy: How to Thrive and Succeed When You Choose to Work for Yourself. London: Kogan Page. ISBN 978-0-7494-8355-5
Gig workers have a few factors to consider in order to ensure they’re meeting their tax requirements and avoiding penalties.
Gig work is spreading around the side job and delivery business. Kakao has hired drivers to build a system for proxy driving, and the people of delivery are meeting the surging demand for delivery through a near-field delivery called "Vamin Connect". There is a gig work platform for professional freelancers, not just work.
The gig economy is composed of corporate entities, workers and consumers. [2] The Internal Revenue Service defines the gig economy as "activity where people earn income providing on-demand work, services or goods", noting that the activity is often facilitated through a digital platform such as a mobile app or website and earnings may be in the form of "cash, property, goods, or virtual ...
If not, the gig economy offers multiple opportunities to earn money through in-person or online efforts. If you go this route, be sure the extra work fits your schedule and doesn’t add stress.