
The FTC Mailed $2.7 Million to 62,893 Handy Gig Workers: How to Track Your Real Take-Home Pay
FTC refund checks prove gig pay gaps are real — reconcile gross-to-net payouts, log miles at the IRS 72.5-cent rate, report all income on Schedule C.
#side-hustle
Tax, accounting, and growth tips for side projects, freelancers, and part-time businesses

FTC refund checks prove gig pay gaps are real — reconcile gross-to-net payouts, log miles at the IRS 72.5-cent rate, report all income on Schedule C.

Seychelles' Voluntary Disclosure Programme waives penalties and prosecution for disclosed back taxes — but interest keeps running and audits close the window.

Cuba's Resolution 126/2026 lets ONAT debit overdue tax debts from bank accounts — but only firm, notified debts with no appeal filed.

Rental arbitrage keeps the spread but owes rent monthly; co-hosting earns 10-25% with no lease. Compare economics, contracts, permits, and IRS-proof books.

Creators owe 15.3% self-employment tax from $400 in net profit, plus quarterly estimates — and an S-corp election saves five figures past ~$60K profit.

Poll worker pay is taxable wages with no income tax withheld; IRS rules add FICA from the first dollar once 2026 pay hits $2,500, and a W-2 at $600.

GPU rental income is Schedule C business income: deduct metered electricity, expense the card under 100% bonus depreciation, and pay quarterly estimates.

Filament is usually the smallest of six print cost lines. Build a per-SKU bill of materials, then price from true COGS.

Seychelles' 2026 Voluntary Disclosure Programme waives penalties and prosecution for unpaid tax, but not interest — and eligibility ends once SRC audits you.

A thrift flip's true cost has five layers: price, prep, mileage, fees, shipping. Track them all, deduct only sold inventory, and reconcile 1099-Ks for the IRS.

Michigan HB 4122 doubles the cottage food cap to $50,000 and allows online sales; SB 93 raises the honey and maple syrup threshold to $25,000.

Four states ban paid fortune-telling and Massachusetts requires a license. Price tarot readings and parties, track cash, and meet IRS quarterly tax rules.