The AB5s of Employees and Independent Contractors

Description

This course explores the tests used to determine whether a worker is properly characterized as an employee or an independent contractor for tax purposes, with a focus on the cost of getting it wrong and possible Section 530 relief.  The game changing impact of the Dynamex case and AB5 will also be discussed. 

*Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to terri.storer@acpen.com

Highlights

	
• Four ways to classify a worker
	
• IRS 20 Factors
	
• 20% Section 199A deduction
	
• Cost of misclassifying an employee
	
• Section 530 relief
	
• Game changing impact of the Dynamex case and AB5

Objectives

	
• Apply the tests used to determine whether a worker is properly characterized for tax purposes
	
• Identify cost associated with misclassification
	
• Identify planning ideas and potential pitfalls

Designed For

CPAs and members in industry seeking a broader understanding of worker classification rules and tax consequences