Tax Aware Gig Economy Worker for the Tax Practitioner (Completed)

Date: Wednesday, July 10, 2019
Instructor: Annette Nellen
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

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 Attend
Practitioners seeking better understanding of rules relevant to gig workers and assisting them with tax compliance and planning.

Topics Covered

  • Worker classification
  • Reconciling any 1099-K and 1099-MISC forms received
  • Common expenses
  • Recordkeeping
  • Traps to avoid
  • Due diligence considerations

Learning Objectives

  • Identify and explain the tax rules relevant to gig workers
  • Recognize and apply tax due diligence steps to assist these workers


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites

Advance Preparation

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