Studies show that financial stability is one of the most important traits in a partner. However, the pandemic has increased financial stress on relationships in the past two years. The recent Love.
What Gig Workers Need To Know About Taxes
Denver Post, The
Many Americans have joined the gig economy since the pandemic.
If you became a gig worker during the pandemic, beware: Your taxes just got more complicated.
Gig work - Uber driving, Instacart shopping, Amazon Flex delivery and so on - is on-demand, freelance work that s typically taxed as self-employment. Instead of having an employer withhold money from your paycheck, you re an independent contractor who is expected to pay taxes on your gig income as you earn it. You ll also owe a larger share of your pay to Social Security and Medicare taxes.
Channel3000.com
February 8, 2021 11:00 AM Sean Pyles
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NerdWallet
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions.
This week’s episode starts with a discussion of the GameStop frenzy and what we learned from it.
Then we pivot to this week’s question, from Kim in the Bay Area, who writes, “I am 26 and just moved in with my boyfriend at the beginning of the pandemic. We live in the Bay Area where the cost of living is not cheap. We were both lucky enough to have stable jobs and a steady income during the pandemic. But we are trying to get a better handle on our budgeting and begin planning for the future. My first question is, how do you start discussing finances with your partner? Are there any strategies or tools you recommend? We sat down multiple times to try to figure out our finances but get overwhelmed every time and don’t really know where to start. What are some topics we should make sure