What Self-Employed and Gig Workers Need to Know Before Filing Their Taxes

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  This episode is sponsored by Northern Trust Wealth Management.

• 00:03

  There is more to being a successful entrepreneur than just good business practices.

• 00:07

  What is it about an entrepreneur's childhood that helped fuel their entrepreneurial spirit?

• 00:12

  What are entrepreneurs doing to cultivate this spirit in their own children and build a legacy beyond their business?

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  Tune in each month to the Road to Why podcast by the Northern Trust Institute,

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  where host Eric Shapaea dives deeper with leading entrepreneurs on these topics and more.

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  Find the Road to Why where you listen to your favorite podcasts.

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  Here's your money briefing for Tuesday, March 18th.

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  I'm Julia Carpenter for The Wall Street Journal.

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  Tax Day is less than a month away.

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  And if you're self-employed or even if you just pick up a bit of gig work here and there,

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  you'll have to think about it a little differently.

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  Any work you do as a freelancer or as an independent contractor that could be consulting work,

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  giving piano lessons or even selling stuff online that all can count as gig work that's taxable.

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  So what do you need to tell the IRS about your side hustle?

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  Our reporter, Ashley at Ebbeling, digs into common mistakes around business deductions, estimated taxes, and a lot more.

• 01:11

  That's After the Break.

• 01:24

  This episode is sponsored by Northern Trust Wealth Management.

• 01:27

  There is more to being a successful entrepreneur than just good business practices.

• 01:32

  What is it about an entrepreneur's childhood that helped fuel their entrepreneurial spirit?

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