According to a new report, at least 2.5 million Americans are earning income in the on-demand and many face immense challenges to tax compliance.

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The exponential growth in the on-demand platform economy has captured much attention in recent months. Less common in the news headlines are the tax compliance challenges for the small business owners and entrepreneurs that are driving the growth in this emerging economy. A new study from the Kogod School of Business Tax Policy Center at American University reports on the growing number of Americans earning income in the on-demand economy and their experiences and burdens with tax compliance.

 

Read the full report: “Shortchanged: The Tax Compliance Challenges of Small Business Operators Driving the On-Demand Platform Economy