The number of gig or freelance workers is increasing. This group includes workers using web platforms to find customers in need of the services they can offer and others hired as contractors by various companies. This webinar reviews the rules relevant to freelancers and suggestions for how tax professionals can help these individuals have tax and business success. Topics covered include worker classification, hobby versus business rules, common expenses, recordkeeping, state and local tax considerations, and due diligence measures for tax advisers helping these workers.
Who Should AttendPractitioners seeking better understanding of rules relevant to gig workers and assisting them with tax compliance and planning.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (2 hours)