Sometimes the vernacular of accounting seems more challenging than technical aspects. This session offers suggestions for translating the foreign language of taxation into tangible terms for non-accountants. We explore techniques for simplifying the complexity of taxation terminology. This course will equip you with tools for demystifying tax technicalities so you can help clients and other non-tax professionals grasp fundamental concepts. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Identify characteristics of the gig economy and its participants
- Distinguish unique circumstances encountered by gig economy participants
- Analyze implications of independent contractor considerations
- Identify recordkeeping, reporting and attestation issues for independent contractors
- Recognize unique regulatory compliance and external reporting considerations
- Identify best practices for CPAs who serve independent contractor clientele
Major Topics
The major topics that will be covered in this course include:
- Accounting as a foreign language
- Commonly misunderstood concepts
- Communicating tax matters
- Client-practitioner interactions
- Interacting with tax authorities
