REGISTER TODAY: Decoding the Tax Law’s Impact on Independent Contractor Engagement
January 26th, 2018 | Christine Kelly
JANUARY 31, 2018 | 2:00-3:00 P.M. EDT
What does the passage of the new tax law mean for a gig economy increasingly characterized by a professional independent workforce?
A new provision allows sole proprietors, partnerships, and other pass-through entities to deduct 20 percent of their revenue from taxable income. Designed as a mechanism to fuel small business growth, some argue it’s little more than a tax shelter for wealthy individuals.
While the full impact remains to be seen, what is clear is that the provision incentivizes independent contracting as an alternative to traditional employment. But what does that mean for the workers seeking to capitalize on these tax savings? And how should employers prepare to acquire, classify, and manage talent under the new rules?
Neal Bhamre, Senior Vice President at TalentWave, explores the consequences of the new tax rules—both expected and unintended—on the independent workforce ecosystem.
You will learn:
- Details of the tax law changes impacting pass-through and corporate entities
- The arguments for and against the pass-through provision
- Potential benefits and risks of the pass-through provision:
- Independent contractor perspective
- Employer perspective
- Third-party service provider perspective
- How the tax plan may impact gig economy trends
- Preparing for different talent acquisition and management models
|This webcast has been approved for 1 General recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™, and SPHRi™ recertification through the HR Certification Institute.
The use of this seal is not an endorsement by HR Certification Institute of the quality of the program, it means that this program has met the criteria to be pre-approved for recertification credit.
|SHRM has pre-approved this webcast for 1 Professional Development Credits (PDCs) toward SHRM-CP℠ or SHRM-SCP℠ Certifications.
Human Capital Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP℠ or SHRM-SCP℠.
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