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The gig economy, also called the sharing or access economy, is activity where taxpayers earn income providing on-demand work, services or good. Often this work is performed through a digital platform like an app or website. While there are many types of sharing economy businesses, ride-sharing and home rentals are two of the most popular.
Here are some important things that the IRS reminds taxpayers to remember:
If you are a gig economy taxpayer, our office can help you to better understand your tax responsibilities. Contact us today for more information!
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