The side-hustle tax mistakes that could land you with an IRS penalty or worse
Business
You didn’t start an Etsy shop or pick up DoorDash shifts because you love filling out paperwork for the government, right? You did it because life got expensive. But there is a specific kind of vertigo that hits in mid-April when you realize that extra $15,000 you made last year did not actually belong entirely to you. The Internal Revenue Service is currently hunting down a massive tax gap. It has identified weekend gigs, freelance contracts and digital side hustles as a primary source of the
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