IMPORTANT Things to Know BEFORE Working for TaskRabbit

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5 жыл бұрын

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Life with M and N.
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Day One Hundred Thirty-Five: IMPORTANT Things to Know BEFORE Working for TaskRabbit.
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I thought I’d take today to talk about TaskRabbit.
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We take the time to talk about a few important things to know before you start working on TaskRabbit.
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These include that when you work on TaskRabbit, you are a contractor which means you own your own business and you need to establish that, keep records of you work and expenses, and collect and remit taxes. You also need to get your business liability insurance.
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Check out the post for this video on our Instagram at:
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lifewithmandn

Пікірлер: 32

@konchal 4 жыл бұрын

Exactly what I wanted to know. Thanks for making this video! There's countless other videos out there letting people know what different tasks are like but none deal with the financials and liabilities. Thanks again.

@Tecolote-xn4eu 2 жыл бұрын

I definitely agree with you. I NEED TO LOOK MORE INTO how it affects my taxes in my state

@lifewithmandn928 2 жыл бұрын

Glad it was helpful!

@MichelLinschoten 2 жыл бұрын

It's a 1099 independent contractor no shit...who doesn't get that , really should stay working for a boss. All you do is track milage, gas, expenses And no you don't make less really, if you know how to write everything off ! Taxes are not that bad. You set 25-30 percent aside for taxes to be very safe.

@lifewithmandn928 Жыл бұрын

😂🙌

@merc340sr 2 жыл бұрын

Jack Rabbit!...loll....Agree with you 100%. When you run your own business, you have to do the paperwork, i.e. especially accounting and taxation. Great video on the pitfalls of running your own business...

@lifewithmandn928 2 жыл бұрын

THank you!

@amalik_333 Жыл бұрын

Thank you for getting to the point about this app. I was looking into it, but I think I changed my mind.

@lifewithmandn928 Жыл бұрын

🙌

@sidbar11 4 жыл бұрын

Thank you for making this

@lifewithmandn928 4 жыл бұрын

Sidney Bar thank you for commenting!

@AntonioCastillo-qs9qf 3 жыл бұрын

Great information 👍

@lloydgrant5919 4 жыл бұрын

your presentation was very much informative thank u

@lifewithmandn928 2 жыл бұрын

Thank you!

@kwonh4008 Жыл бұрын

If you need to have business liability insurance, I think that's too much financial investment for average people. As a 1099 contractor, if it complicates up your tax, and you need to get a CPA, then that's gonna be extra cost. It seems like taskrabbit is for people who are self-employment oriented

@lifewithmandn928 Жыл бұрын

Fair

@lindam.1058 3 жыл бұрын

So it's a 1099 Misc. form for taxes, correct?

@lifewithmandn928 2 жыл бұрын

I believe so, but it helps to speak with an accountant.

@sharobb6904 4 жыл бұрын

I want to join and really need to know about taxes thanks

@lifewithmandn928 2 жыл бұрын

no problem

@ps6590 2 жыл бұрын

So would something like data entry… that requires business liability insurance?

@lifewithmandn928 2 жыл бұрын

Yes, as you are not an employee. It is unlikely, but what if the business you did data entry came back to you because the input was wrong and it lost them money. You want liability insurance to cover you in those unlikely scenarios.

@alternativeremedies9739 2 жыл бұрын

Are there any Task rabbits 🐰 that are interested in referring clients to Taskers that has skills to do task? Only asking because I normally work virtual and clients keep sending request for certain services that needs to be physical. If you are located in Maryland or Virginia let me know. Thanks 😊

@lifewithmandn928 2 жыл бұрын

Unfortunately there is no referring on Task Rabbit that I know of.

@alternativeremedies9739 2 жыл бұрын

@@lifewithmandn928 If you go to your task rabbit profile and click promote yourself it will provide you a personalized link to give to your clients... every Tasker has it.

@joelstephenson8017 2 жыл бұрын

How do you know when you have been paid?

@lifewithmandn928 2 жыл бұрын

It sends you a notification and then there is a 5 day or so holding period before you are paid to your bank account.

@joelstephenson8017 2 жыл бұрын

Thanks!

@shessoheavy6130 4 жыл бұрын

Do you really need to explain to people what an independent contractor is? I was wanting to know what it's like to work for Task Rabbit, not about tax and insurance laws. This video is clickbait.

@lifewithmandn928 2 жыл бұрын

Thank you!