DeepTech

Build an automated IRS compliance gateway for 1099 contractors with real-time tax withholding, reporting, and audit trail features. The platform would integrate with gig platforms' APIs to auto-calculate and withhold taxes, generate IRS-compliant reports, and provide real-time compliance dashboards for both platforms and contractors.

Freelance gig platforms face increasing regulatory scrutiny and compliance costs, with the IRS mandating real-time tax reporting and withholding for 1099 contractors. This creates operational friction, high compliance costs, and potential penalties for non-compliance, affecting platforms like Upwork, Fiverr, and Uber.

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