More than four million U.S. taxpayers are directly engaged in the sharing economy, making everyday tasks like ordering household items, getting a ride to the airport and renting a vacation home easier for the rest of Americans. While being a member of this new era workforce is beneficial in a lot of ways – from…
Every day a record 145 million Americans report to a full-time job and many economists now believe that we are rapidly approaching full employment. Given this macroeconomic climate, one might expect to see a decline in self-employment and the number of people eager to engage in the new “on-demand” work that has been enabled by…
With 36 percent of the US workforce engaging in self-employment, a number only expected to grow in the coming years, it’s important to shed light on the motivations and needs of this unique sector. On the 18th of January, the California Association for Micro Enterprise Opportunity (CAMEO) hosted a symposium entitled Self-Employed Entrepreneurs: The New Era…
Small businesses drive our economy. And earlier this month, the country celebrated National Small Business Week, recognizing the 28 million small companies that create opportunities for millions of Americans through employment and innovation. Their economic contributions are well known – small businesses create two out of every three new jobs annually and generate income for…
Within the next five years, as many as four in 10 workers in the United States are expected to be self-employed, due in part to millions of Americans joining the ranks of what is being called the “sharing economy.” That’s the finding of a new labor market study conducted by Emergent Research that predicts that more…
On Thursday, November 19th, keynote speakers, Sen. Mark Warner and Rep. Peter Roskam, spoke at a Capitol Hill symposium focused on the trends and public policy ramifications of the new, emerging workforce driving the sharing economy. Hosted by the Kogod Tax Policy Center at American University, and sponsored by the Intuit Tax and Financial Center,…
Intuit’s Director of Government Relations, Melissa Netram, participated in a panel about whether and how to regulate new marketplaces, including the on-demand economy. The panel was part of the TAP Conference, an event in New York City devoted to discussing the opportunities and challenges facing mobile commerce. TAP Conference 2015 (#TAPCON) –The Role of Regulation…
Starting and sustaining a small business has never been easy. And without access to financing and working capital, it’s all but impossible. Businesses large and small, young and old, need access to cash and credit to fund operations, build inventories and bridge the gaps between billing and payments. Yet for too many entrepreneurs, the ability…
Alex Chriss, Intuit Vice President responsible for the QuickBooks division for the Self- Employed, testified on the sharing economy before the U.S. House of Representatives Subcommittee on Commerce, Manufacturing, and Trade. The testimony was part of “The Disruptor Series: How the Sharing Economy Creates Jobs, Benefits Consumers, and Raises Policy Questions.” Read the testimony here.
Small businesses are alive and well, thank you. Want evidence? Look no further than the recent QuickBooks Connect conference, where thousands of small business owners, accountants and software developers gathered to learn how to start and grow their businesses. The first-time event sponsored by Intuit attracted people from all walks of life and economic situations…
