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Tips for Those in the “Gig Economy”
Here’s a good follow-up to our Headline post on the “Gig Economy,” providing some helpful planning tips on managing your finances in these types of working arrangements. It’s a post by The Motley Fool’s Maurie Backman, and it appears on globegazette.com. While it focuses on the basic background items like budgeting and contingencies, it serves as a good reminder that freelancers need to remain vigilant in understanding their tax obligations, including the dual hit (15.3%) they take on Social Security and Medicare taxes. Read her post here…
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