Is The Jig Up For The GIG Economy?

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The great recession precipitated relatively high levels of unemployment and a material reduction in opportunities for full time work.  Consequently, people were open to new things, such as picking up temporary, low-commitment contract work.  Workers in this type of work are generally not legally employees and, while they gain flexibility, they lose out on traditional … Continued

Taxes and the Gig Economy

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There has always been an underground economy, sometimes referred to as a shadow economy, and more recently described as the Gig economy, with the rise of such relatively new activities, such as home and ride sharing. Investopedia defines the underground economy as illegal economic activity.  Transactions in the underground economy are illegal, either because the … Continued