
Independent Contractor / Gig Economy Taxes


The gig economy empowers you to be your own boss and control your own schedule, whether you’re driving for Uber, working with TaskRabbit, or renting out a room on Airbnb. This transition from traditional salaried positions to independent contracting presents unique tax challenges, which can lead to overpayment or missed exemptions.
As an independent contractor, it’s crucial to file a Schedule C with your tax returns and diligently track your income, expenses, and mileage. To fully leverage the benefits of this model and secure your financial future, you must take proactive steps. At BTST, we recognize independent contractors as small business owners and offer year-round guidance on taxes, health insurance, retirement savings, and more, ensuring you build a successful and sustainable enterprise.