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Small Bills And A Good Accountant

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Margaret J. Krauss
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90.5 WESA
Iris records her cash income in a journal before handing off the information to her accountant. Because of her job as an exotic dancer, she can deduct expenses such as cosmetics and a gym membership.

Note to readers: this story features an exotic dancer.

Tax time can be a headache for freelancers and independent contractors in the gig economy. If they haven’t kept track of income throughout the year, it can be daunting to calculate what they made and what they owe. Iris works as a stripper (we aren’t using her real name because she has concerns for her safety). Cash makes up the majority of her income, but she jots down what she makes each night to keep an eye on it. “I have a wonderful accountant and she handles a lot of that stuff for me,” says Iris.

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Margaret J. Krauss is WESA's development and transportation reporter. She previously worked for Keystone Crossroads, a statewide reporting initiative that covers problems facing Pennsylvania's cities and possible solutions. Before joining Keystone Crossroads, Margaret produced a 48-part radio series about Pittsburgh's lesser-known history, biking 2,000 miles around the region to do so.