By Marissa Feinberg, Contributor

Today, at the largest FinTech Hackathon in the world with leaders such as Sallie Krawcheck, former head of Merril Lynch, Smith Barney and Matt Turck, FirstMark Capital judging the teams.  Project Freedom is a movement that started at the FinTech Hackathon to save freelancers from a painful tax season. Project Freedom started because the FinTech Hackathon is looking for real solutions to financial problems.  Freelancers and business owners alike are suffering because 1099s are painfully complicated and the tax audits that result from them are terrifying. Project Freedom keeps track of freelancer W9s to securely send their employers.  The IRS delivered more than $5 billion in refund checks to fraudulent tax returns for 2011 because of identity fraud. Project Freedom prevents freelancers from falling into the same fate by securing their W9 tax information. Other benefits that the project is providing for free to Freelancers are: …read more

Source: FULL ARTICLE at Forbes Latest