According to a new report, at least 2.5 million Americans are earning income in the on-demand and many face immense challenges to tax compliance. The exponential growth in the on-demand platform economy has captured much attention in recent months. Less common in the news headlines are the tax compliance challenges for the small business owners…
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,…
