gig economy

Top 5 Gig Economy Tax Strategies for 2026

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Top tax deductions and strategies for independent contractors in 2026.

📋 Key Takeaways for 2026 Taxes The Qualified Business Income (QBI) deduction is now permanent under the OBBBA, guaranteeing a minimum $400 deduction for eligible filers. The standard mileage rate has been aggressively increased to an unprecedented 72.5 cents per mile, providing massive savings for gig drivers. Gig workers can utilize restored 100% bonus depreciation … Read more

The Ultimate Guide to Retirement Planning for Gig Workers (2026)

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Young gig worker confidently planning their retirement and freelance finances on a laptop.

📋 Key Takeaways Gig workers can contribute up to $72,000 in 2026 through a Solo 401(k) — far more than any W-2 employee’s 401(k). You do not need an LLC to open a Solo 401(k) or SEP IRA — a sole proprietor with a Social Security Number qualifies. The SECURE 2.0 Roth Catch-Up Rule fully … Read more