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In the articles below, we look at the different financial tools and needs for independent contractors in the gig economy. We discuss how insurance works and how contractors can handle their money.

Taxes are different for independent contractors in the gig economy than they are for an employee with a W2. There’s too much about gig worker taxes to cover in a single article adequately. For that reason, we’ve assembled several articles about the many aspects of how taxes work for self-employed gig workers, particularly in the …

Too many independent contractors, especially in delivery and rideshare, evaluate their earnings in terms of the money that comes in. You must understand that as a business owner, your earnings are your profits, or what’s left over after expenses. We look at how that works for independent contractors. The following articles discuss what it is …

One of the most important differences between working as an independent contractor and an employee is your control over your work. You have more opportunities to let your business decisions influence your profitability. With a business mindset, you can decide what makes the most sense for you. You can think in terms of strategies that …

What does it mean to be an independent contractor? How is that different than employment? When you agree to be an independent contractor, you agree that you are providing services as a business instead of as an employee. You file taxes as a sole proprietor or small business owner. Why do companies use independent contractors …

The biggest mistake that independent contractors make, in my opinion, is to think like an employee instead of as a business owner. If you signed up for gig work as an independent contractor, you agreed that you were providing services as a business, not as an employee. The downside is, you don’t have employee rights …

Delivering for Uber Eats can be a great way to make some extra money or part of a larger full time delivery strategy. However, it’s not technically job as couriers are independent contractors rather than employees. There are a lot of factors in determining if delivering for the popular food delivery service makes sense for …

Para became a household name almost overnight in the delivery driver community, thanks to their Tip Transparency feature. With the tip transparency feature on the Para app, drivers could know the full amount of a Doordash delivery offer. Until Doordash killed that ability. It looks like the feature is dead for good. Let’s talk about …