The gig economy continues to expand, creating significant compliance and planning challenges for taxpayers and the professionals who advise them. This course provides a practical, compliance-focused roadmap for identifying, reporting, and optimizing tax outcomes for gig economy income, including driving and delivery services, short-term rentals, online sales, digital platforms, and side-service businesses.
Participants will gain clarity on filing requirements, income characterization, and deductible expense rules unique to gig activities, including vehicle expenses, home office considerations, shared rentals, and rental of personal property. The course also addresses the evolving Form 1099-K reporting landscape, helping practitioners distinguish taxable versus non-taxable amounts and identify potential compliance exposure arising from underreported platform income. With a strong emphasis on risk mitigation and tax savings strategies, this session equips attendees to confidently advise gig economy clients while navigating increased IRS reporting visibility.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2029 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card