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Thriving in the Gig Economy by Marion McGovern

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7The Nasty Little Employment Problem

When it comes down to it, it is all about taxes. Whether we work as a manager for a Fortune 500 company, an independent PR consultant, a programmer on a digital platform, or a plumber, the income we generate is subject to federal and often state income tax. The remittance of that tax to the “feds” is contingent on the way in which we earn it and our corresponding employment status. As such, the government has a high level of interest in the question of whether you are an employee or not. Anyone who wants to thrive in the Gig Economy needs to understand the legal environment surrounding employment, especially the independent contractor vs. employee issue, but also the potential for wage and hour violations ...

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