What America's independent businesses actually earn

The 1099 Earnings Report reveals that independent businesses, freelancers, and contractors often earn significantly less than commonly assumed. Analyzing revenue and expense data from thousands of such workers, 1-800Accountant found that many face substantial financial challenges. This study is crucial as it highlights the often-overlooked economic realities of independent work in America, which can influence policy decisions, support structures, and the broader understanding of the gig economy's impact on the workforce.