Independent Contractor vs Employee – New, Simplified Rules for Worker Classification
About this Webinar
Uber, Lyft and other “Gig Economy” businesses have experienced huge success in the new millennium. A big part of the reason why is that they classify a large majority of their workers as independent contractors. But that business model is in danger. Many states are attacking the worker classification model, asking courts to mandate that their workers, usual drivers, are classified as employees.
Are you a food delivery service, or other business involved in the Gig Economy? Do you treat large classes of workers as independent contractors? If so, it would do you well to understand the simplified tests involved in classification. On the federal side, you can request a determination that prevents auditors from reclassifying your workers for you. There are also provisions that limit your liability if you want to reclassify them yourself.
You will learn what states are joining forces for mandatory employment vs those that grant more freedom to employers. You will be given best practices for protecting yourself from auditors and employees who find themselves wanting the safety nets provided by Unemployment Insurance and Workers Compensation Insurance. Mostly, you will come away armed with the knowledge that, when ignored, results in the bankruptcy of otherwise vibrant companies.
Join this session by expert speaker Mark Schwartz where he will explain how to take a critical look at your independent contractor’s, helping you determine who you should put on your payroll instead.
Session Highlights
- Details on the 3-factor test used by the IRS. How to evaluate which factors are most important.
- What courts look at in tax cases
- How to document your determination. How to request a voluntary reclassification.
- IRS form SS-8
- Specifics on Uber and Lyft cases, and other cases where workers were found to be misclassified.
- Other definitions of I/C’s used by states and the DOL.
- How to minimize audit risk of misclassification. How to evaluate your audit risk.
Why You Should Attend
- Understand the new, simplified IRS rules for determining whether a worker is an employee or an independent contractor.
Be able to determine if those workers you currently treat as independent contractors should be reclassified as employees.
Know where to go to determine State rules on the same.
Teach hiring managers how to know who to put on payroll.
Prevent one of the most expensive mistakes an organization can make in hiring decisions.
Who Should Attend
- Hiring Managers
- HR Professionals
- Payroll Professionals
- Executive Management
- Self Employed Individuals
Speaker(s)
Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national corporations. He is expert at defining regulatory and statutory requirements from local, State and Federal government agencies; and helping the average businessperson understand what that means to their business. He has processed weekly and bi-weekly payroll checks plus tax forms for businesses with hourly as well as exempt workers, multistate operations and a wide variety of benefits.
CEUs
The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Credits: 1.5
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