Accounting for the Gig Economy

Freelance work and other non-permanent employment arrangements are becoming increasingly popular ways for people to earn a living. Although these non-traditional activities offer novel, flexible ways to earn income from diverse sources, they also introduce nuanced recordkeeping, reporting, and attestation issues. We investigate characteristics of the gig economy, employee-versus-contractor considerations, bookkeeping, regulatory compliance, and external reporting considerations. We also explore best practices for CPAs who fulfill the role of trusted advisor for gig economy clients.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this course include:

• Characteristics unique to the gig economy
• Independent contractor and employee classification considerations
• Recordkeeping considerations for independent contractors
• Accounting and reporting issues for gig economy participants
• Audit and attestation for clients who participate in the gig economy
• Tax and regulatory considerations
• The CPA as a trusted advisor for independent contractors

Who will benefit:

CPAs in public practice and members in industry.

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.