Topics covered include:
Why worker classification is relevant;
Challenges in dealing with the tax classification rules;
The federal tax rules and comparison to some states;
Gig economy considerations;
Recent developments;
Dealing with the challenges;
Practice tips;
Proposals for change.
Upon completing this course, you should be able to:
Recognize why worker classification is relevant under numerous tax and non-tax laws;
Identify the tax rules for distinguishing between employees and contractors;
Recognize worker classification issues in the gig economy;
Differentiate special tax rules and remedies applicable when problems are discovered;
Recognize how related tax rules are relevant in the worker classification area;
Identify proposals for change;
Recognize potential consequence for an employer when employees are misclassified as independent contractors;
Identify which test the department of labor (DOL) typically uses to classify workers for purposes of the fair labor standards act;
Recognize behavioral controls using the three key areas of 'evidence of control' to determine worker classification;
Identify which code section will provide employers with relief from unpaid federal employment tax liabilities;
Differentiate challenges of a gig economy;
Recognize applicable recommendations that would apply to a worker that is classified as a contractor;
Identify what the 2017 Tax Cuts and Jobs Act will prevent employees from claiming;
Describe the most compliant group of taxpayers;
Recognize which 'safety net' benefits are available to employees, but not contractors;
Describe when an employer/employee relationship is established;
Differentiate challenges employers face when classifying workers;
Describe a statutory non-employee;
Recognize what an employer must do in order to qualify for VCSP;
Identify what is affected when a worker for state purposes is misclassified;
Describe which form platform companies are typically required to file;
Recognize what Section 530 prohibit the IRS from.
$ 18.99
Course is unavailable for purchase.
NASBA Field of Study
Taxes
Level
Basic
CPE Credits
2.0
Prerequisites
Practitioners who hire workers or have clients who hire them.
Last Updated
03/01/2018
12784
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