"Navigating New Tax Laws: What Freelancers and Gig Workers Need to Know for 2025"

On July 4, 2023, President Donald Trump enacted a substantial tax overhaul that will affect freelancers and gig workers in the United States. This new legislation, which aims to simplify the tax landscape, introduces changes that could be beneficial for those navigating the unpredictable income associated with non-traditional jobs, such as delivering for DoorDash or working independently. Freelancers often face additional challenges during tax season due to varying income streams. David De Jong, a tax attorney at Stein Sperling, emphasizes that understanding these new provisions is paramount for all taxpayers, regardless of their income level. … Read more