Problems

What will AGI do for 1099 Tax Withholding?

Independent contractors and gig workers receive gross payments without automated tax deductions, shifting the burden of quarterly estimated tax calculations entirely onto the payee. Because freelancer income is highly variable and often spans multiple disconnected platforms, workers struggle to accurately forecast their liabilities. This creates severe cash flow shocks at tax time, underpayment penalties from the IRS, and ongoing hesitation around deploying capital for business growth.