COVID relief bill could trigger larger tax bills for gig workers

Gig workers and third-party sellers on e-commerce platforms such as Etsy, Walmart Marketplace (NYSE: WMT) and even Amazon (NASDAQ: AMZN) could find themselves with tax issues in 2022 thanks to a change in Internal Revenue Service tax codes contained within the American Rescue Plan Act of 2021.

The $1.9 trillion COVID relief bill that just passed the U.S. House and Senate and is expected to be signed into law by President Joe Biden by this weekend amends Section 6050W of the IRS code to require...

https://s29755.pcdn.co/news/covid-relief-bill-could-trigger-larger-tax-bills-for-gig-workers

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