With the IRS operating at a 27% staff deficit and automated audit triggers up 25%, independent contractors face a massive compliance risk in 2026. Discover how mid-season rule changes to 1099 thresholds and tip deductions impact your bottom line.
With the March 2026 fuel shock pushing diesel to $4.83 per gallon, independent contractors are bleeding cash. Discover how to amend past tax returns to claim missed deductions and offset vanishing profit margins.
The IRS has upgraded its audit systems with AI to instantly spot 1099 mismatches. Here is how owner-operators and gig workers can use AI tax tools as a defensive shield against automated audits.
The sudden March 2026 surge in global fuel prices is destroying owner-operator profit margins. Here is how independent contractors must pivot their tax deduction strategies immediately.
The 2026 tax season brings massive changes for independent contractors. The 1099-NEC threshold has jumped to $2,000, and the IRS quietly changed how gig workers calculate tip deductions.
The March 2026 Strait of Hormuz conflict pushed national diesel averages to $4.60 overnight. Here is how gig workers and owner-operators must urgently recalculate their Q1 estimated taxes and handle past-due filings to survive the cash flow squeeze.
The 2026 tax season flipped the script for independent contractors. With retroactive 1099-K thresholds and new tax-free tip deductions, relying on generic tax prep could cost you thousands in unclaimed refunds.
The 2026 tax filing season brings massive regulatory relief for gig workers and fleet owners. The newly enacted OBBBA restores the 1099-K threshold to $20,000 and permanently reinstates 100% bonus depreciation for commercial trucks.
The 2026 tax season introduces a complex split between 1099-K and 1099-NEC reporting thresholds. Gig workers and fleet owners must navigate new OBBBA deductions to maximize their returns safely.