This webinar will discuss the criteria used by the DOL, the EEOC and the IRS to distinguish between contractors and employees and how you can avoid mis-classifying employees as independent contractors.
Misclassification of employees as contractors can lead to severe penalties from the government, not to mention an intrusive and burdensome investigation. This webinar will help you gain a clear understanding of the rules that will in turn help your company avoid misclassifying its workers.
Why Should You Attend:
In recent years, the IRS and the Department of Labor have been somewhat more vigorous in prosecuting employers who have misclassified employees as contractors. Employees are entitled by law to minimum wage and in many instances overtime pay, as well as fringe benefits in some instances. Contractors have no such protection. In addition, employers withhold taxes for employees, while contractors pay their own taxes.Misclassification of employees as contractors can lead to severe penalties from the government, not to mention an intrusive and burdensome investigation. This webinar will help you gain a clear understanding of the rules that will in turn help your company avoid misclassifying its workers.
Learning Objectives:
- Criteria used by the DOL, the EEOC and the IRS to distinguish between contractors and employees
- Cost differentials between contractors and employees
- Circumstances in which the use of contractors may be appropriate
Areas Covered in the Webinar:
- The 11 factor and 20 factor test applied by the IRS
- The cost differentials between contractors and employees
- Issues arising from leasing employees
- Requirements that business may impose on contractors
- Practical differences between contractors and employees
- Auditing the workforce to assure proper classification
- Examples applying the government rules
- Concrete examples
Who Will Benefit:
- HR Personnel
- Attorneys dealing with employment issues
- Managers who make hiring decisions
- Business owners
Course Provider
Kenneth Sprang,
