Self-Employment Tax: Today’s World of Sharing, LLCs, & Tax Reform (Completed)

Self-employment tax has become a more frequent issue today. Every year we see court decisions involving LLCs as well as whether certain activities are businesses or hobbies. Short-term rentals, such as via Airbnb, may generate SE tax obligations. This webinar reviews the rules and issues regarding self-employment taxes, how to avoid problems, and how tax reform might change the rules and practice considerations.

Thank You gift
As our “thank you for attending” gift, firms registered for this webinar will receive a complimentary issue of Wolter Kluwer’s Journal of Passthrough Entities in electronic format.

Who Should Attend
Practitioners seeking better understanding of the self-employment rules and common issues that arise and how to avoid them.

Topics Covered

• Basics of the self-employment tax statute and regulations
• Types of taxpayers and activities subject to self-employment tax
• A review of recent cases
• Relevance of SE tax in tax reform
• Due diligence considerations and avoiding problems

Learning Objectives

• Identify when an individual is subject to self-employment tax
• Recognize due diligence steps to avoid problems in the SE tax area

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None