1099 economy
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Taxes in the gig economy
The first generation of gig economy contractors is essentially riding shotgun as an entirely new industry defines itself. While they enjoy flexibility and a convenient way to supplement a primary income, they also must act as guinea pigs uncovering the shortcomings of the industry’s support network. One issue in particular has become a clear gap for gig economy workers: taxes. Read More
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Stripe acquires Payable to help on-demand businesses manage 1099 tax reporting
With its Stripe Connect product, Stripe wants to make it easier for on-demand and marketplace businesses to not only process payments from their customers, but also make payments to contractors and vendors. In an effort to bolster the tax reporting tools available to them, the company has acquired long-term partner Payable. Read More
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On-Demand Darwinism: Survival Of The Fastest
When it comes to evolution, many focus on those special specimens that survive, known as the “fittest.” But what about the losers? Those that couldn’t adapt and simply fell off the merry-go-round of life? In startup-land we have a healthy obsession with failure that helps drive iteration and, in turn, survival — and hopefully massive success. Read More
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