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Small Bills And A Good Accountant

Margaret J. Krauss
/
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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