Tax resources & popular platforms from Side Hustle Stack 🤑
Tax resources & popular platforms from Side Hustle Stack 🤑
The WSJ Jobs Summit, tax resources for freelancers, top 10 side hustle categories, and new featured platforms
Side Hustle Stack Sponsor 🤝
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If you’re completely new to cryptocurrencies, don’t worry – you’re not alone! Rally has a great FAQ page with a video explaining exactly how Creator Coins work.
Check out their website: http://rally.io/
📅 Events
We are excited to continue our media partnership with The Wall Street Journal. In March the WSJ will be hosting a Jobs Summit. Here’s more:
The Covid-19 pandemic continues to upend the job market. The businesses hiring today aren’t the same ones doing so a year—or even a few months—ago, and millions of Americans are still looking for work or making career shifts due to the current crisis.
On March 4 we’ll be hosting another complimentary Jobs Summit. Whether you are trying to get back in the game or seeking a new skill set, you’ll take away a modern toolkit for how to navigate this competitive market. Join us as we examine thecurrent workforce landscape from variety of different lenses, including:
An assessment of the job market by the numbers, and what it means for you
Practical, tactical advice from the companies in hiring mode
A playbook preparing you for a productive hunt, online interviews, overcoming setbacksand effective negotiation
For more information on the free summit visit here.
💰 Tax & Personal Finance Tips
On our TikTok videos, we’ve been getting a lot of questions about how to do taxes when earning through the platforms on the site. Most of the income on the site are considered self-employed income (1099 income), so users are responsible for putting aside enough for taxes.
Here are a few resources that can help:
Catch - Catch helps you set aside money for taxes for free, and save for retirement with each paycheck.
Found- Found provides business banking for the self-employed, with instant tax write-offs when you use the Found card, automated tax withholding, and receipt saving.
Bonsai- Bonsai Tax is built to help self-employed workers to track expenses, maximize tax write-offs, and estimate quarterly taxes.
Collective - For freelancers who are earning more, setting up an S Corp can be more tax-advantaged. Collective takes care of S Corp formation, taxes, accounting, compliance, and more.
📊 Side Hustle Stats
The most popular platforms on SHS this week
🥇 TipSnaps: A social media marketplace where anyone with a following can directly monetize their fanbase.
🥈 Curated: For experts in sports gear, earn money by helping people shop for products.
🥉 Instacart: Shop and deliver groceries to customers' doors or work as an hourly in-store shopper preparing order
Community insights
The Top 10 Most Popular work categories of all time on Side Hustle Stack:
Content Creator
Writer
Tasks & Services
Gamer
Personal Shopper
Adult Content Creator
E-commerce
Event Organizer
Teacher
Audio Content Creator
⭐ Featured Platforms
✨ Markk
Use Markk to make money by sharing photos and short videos from the places you visit every day.
🔧 You are someone with an iPhone or Android phone that is connected to the Internet.
💰 Average Earnings: $150/month
📚 Circletime
Turn your passion for nurturing creativity and sharing knowledge with kids into a virtual, interactive learning experience on Circletime.
🔧 You are an experienced teacher (online and offline) or subject-matter expert who believes in active, experiential, and play-based learning.
💰 Average Earnings: $50/hour
📊 Dumpling
Run your own grocery shopping & delivery business from your phone with Dumpling. How does this differ from Instacart? For shoppers who’ve built a base of their customers, Dumpling lets you keep more of your earnings.
🔧 You are someone with a vehicle and mobile phone.
💰 Average Earnings: $33/filled order
🔑 ShareGrid
Use Sharegrid to rent out video/photo gear and shooting locations or put your creative skills out for hire.
🔧 You are someone who is at least 18 years old, has either items/locations to rent or relevant creative skills.
💰 Average Earnings: $430/month
🗞️ Side hustles in the news
7 Tips for starting a successful side hustle, Fast Company
On the future of gig work & the Biden administration, Washington Post
Explore more of Side Hustle Stack, where you can discover platform-based work opportunities and leave reviews for platforms you already use. Follow us on TikTok, Twitter, LinkedIn, and Facebook for more updates.