Tax Issues Relating to the Gig Economy (TIGE)

In the gig economy, people earn income providing on-demand work, services or goods. Taxpayers must report these earnings on a tax return, whether earned through a part-time, temporary or side gig.  This new worker status challenges traditional ideas of who is an employee and who is an independent contractor. This program addresses federal and state tax issues tax practitioners must address with clients and their own workers.

Panelists are subject to change.

• What is the gig economy?
• Who is an employee and who is an independent contractor?
• Form 1099-NEC and reporting of non-employee compensation
• Form 1099-K for payment settlement entities
• State tax implications of remote work for the business owner and workers
• How remote work creates state tax nexus

• Tax implications of employee telecommuting for the employer
• The “convenience of the employer” rule

• Understand the new tax issues that have arisen as a result of the growth of the gig economy