Demystifying Worker Classification: New Rules and Insider Insights from a Former California Internal Auditor
With high-profile cases, and increased attention by the IRS and Department of Labor, worker classification has been thrown into the spotlight.
Employers must set clear boundaries on the differences between an employee and independent
contractor, or they could trigger an audit and costly penalties.
Federal and state agents are monitoring worker classification more closely and cracking down with bigger fines and penalties – even assessments against your organization for back taxes and interest.
Independent Contractors might be a necessary (and strategic) part of your business, but misclassified workers are a risk you can’t afford to take.
Not to worry, we’ve got you covered!
Join us in this workshop on November 19 where we’ll dive into how you can protect yourself from costly misclassification mistakes, keep yourself out of legal hot water plus:
- The new rules around distinguishing employees and independent contractors
- Keys for effectively correcting misclassification without making it worse
- Determining workers you currently treat as independent contractors, who should actually be reclassified
- Are your State and Federal rules the same? (Some are vastly different – make sure you’re covered!)
- Bullet-proof ways to pass worker classification audits – and assessments against your company
- Keys to avoid common errors employers make with independent contractors
How to Properly Classify Your Workers: What You Need to Know
- How to create “estoppel” - prohibiting the IRS from reclassifying your Independent Contractors as employees
- How to put the old “20 factors” into three simplified categories (Also known as the “IRS 3 factor test”)
- How to evaluate and ensure your own classification system accurately predicts the outcome of a worker classification audit
- How to determine if you’re at risk for audits, assessments, and legal repercussions
Real-world Examples and Tools to Help You With Worker Classification
- The one factor that “Deep Blue” states are using for their own audits
- Specific case analysis of Uber, Lyft, and others …
- Details on the Voluntary Worker Classification Settlement Program - and why you should care about it
- Additional resources – Classification check-list to help you stay compliant and protect your company from costly mistakes
Question and Answer Session - Hear expert answers to real-world questions!
About the Speaker
Mark Schwartz has over 15 years of experience in state and federal payroll tax audits, collections, and payroll consulting.
As an auditor, Mark prided himself on his ability to educate his auditees on state and federal payroll tax requirements. Whatever issues he found in audits, he ensured the auditee knew how to comply in the future. He worked to minimize company disruptions in the audit process.
In addition to his real-life experiences, Mark has a Masters in Business Administration, and currently uses his entertaining and helpful personality to help organizations prepare for payroll tax audits - whether they've already got the notice or are still hoping they don't!
With this workshop, you’ll walk away confident that you know how to accurately classify all your current – and new hires - protecting yourself from costly misclassification mistakes, and keeping you and your company out of legal hot water.