CPA CPE > Hawaii > CPA

Gigs and Taxes

Overview

The rise of app-based services like Uber and Airbnb has changed how millions of people earn money and created new tax reporting needs. This course explains the federal tax rules that apply to ride-sharing drivers and short-term rental hosts. You'll learn how these workers should report their income and expenses, what tax forms they need to use, and what common deductions they can take. We cover practical issues like tracking mileage, calculating self-employment tax, and reporting rental income. The course also explains recent court decisions about worker classification and changing IRS requirements for the gig economy.

Summary Details

Hours

1.0







Learning Objectives

  • Recognize the types of products and services that are typically performed within the gig and sharing economies and the online platforms or apps that support them
  • Recall the general nature of the ride-sharing and home-sharing services in the gig economy and identify the two largest companies operating in each of those markets
  • Recognize the general principles and forms involved in reporting ride-sharing and home-sharing business activities to the IRS
  • Recognize the nature of the growth trend predicted for the gig economy for the next five to ten years


Designed For:

CPAs, EAs, and other financial and tax professionals at any stage of their career


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Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: This course is intended for tax professionals with an understanding of federal tax laws.
Advanced Preparation: None
Tax Year: 2025
Delivery Method: Self-Study
PDF Download: Available
Provider of Record: WebCE
Provider Number: National Registry ID: 109414
Field of Study: Taxes
Last Reviewed: August 2025
Study Level: Overview
Approved For: General

Exam

Proctor: No
Passing Grade: 70
Questions: 5
Retakes: Unlimited



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