We repeat, don’t forget about taxes! If you don’t work with an agency or service that takes care of the taxes that come along with your earnings, you will be responsible for making sure taxes are paid. Whether you are making extra income or working a steady gig, you should report your income. Consult a tax professional to understand expectations around taxes owed on your income.
If your gig doesn’t come with a steady income, a savings account can be a key way to bridge the gap between payments. Then schedule an appointment with a banker to understand options for long-term saving options.It can be hard to say “no” to pushy clients or less-than-ideal work when working gigs, but don’t be afraid to turn down work that doesn’t seem like it’s the best fit. Ask for references for new clients and make sure your rates are clear up front.
Requests for money with Zelle sent to a U.S. mobile number require that the mobile number first be enrolled with Zelle. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Eligibility requirements and restrictions apply. Please refer to the Digital Services Agreement for more information.
U.S. Bank believes in putting people first, and our dedication to making ethical decisions and doing the right thing is at the heart of what we do. We're proud to be nam...
Source: Financial Digest (financialdigest.net)
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