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Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...
To illustrate how these loans work, assume you own a car worth $5,000, and you find yourself in an emergency and need $1,000. A title loan lets you borrow against your vehicle so you can get the ...
The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want. New York: American Management Association. ISBN 978-0-8144-3734-6. Oppong, Thomas (2018). Working in the Gig Economy: How to Thrive and Succeed When You Choose to Work for Yourself. London: Kogan Page. ISBN 978-0-7494-8355-5
A Nevada Court Judge ordered TMX Finance to void over 6,000 loans due to these unlawful practices. [13] In 2019, TitleMax was subject to a fine of $25,000 [ 14 ] and a $700,000 refund to more than 21,000 customers to resolve allegations of excessive interest and fee charges.
Hollywood labor unions are 'closely' monitoring a move by the California Employment Development Department to crack down on loan-out companies, which are widely used in the entertainment industry.
The gig economy is composed of corporate entities, workers and consumers. [2] The Internal Revenue Service defines the gig economy as "activity where people earn income providing on-demand work, services or goods", noting that the activity is often facilitated through a digital platform such as a mobile app or website and earnings may be in the form of "cash, property, goods, or virtual ...
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