W-2s vs. 1099s—Who Should be an Independent Contractor


ComplyStream Webinar

Topic ID: 000000254-web

Start Date: Oct 30, 2015

Start Time: 10 AM PST | 1 PM EST

Name of Event: W-2s vs. 1099s—Who Should be an Independent Contractor

Details: This webinar concentrates on what are the requirements to classify a worker as an independent contractor and when must a worker be classified as an employee.With federal and state agencies joining forces to combat misclassification, fines and penalties have skyrocketed. And every day the misclassification continues the penalties mount up and up until this ticking time bomb finally explodes!Misclassifying employees and independent contractors is getting more costly by the day.

Areas Covered In The Session:
What classifications of workers are permitted under the IRS Rules
What is the common law rule and how is it used to determine worker status
What are the three factors the IRS uses to determine worker status and how to apply them correctly
How the FLSA rules differ from the IRS rules and why you have to follow both
How does the state trump both the IRS and the FLSA on determining independent contractor status with the ABC test for SUI
What are the latest agreements or programs being used by the IRS, DOL and the states to “find” misclassified employees
Using the Form SS-8 to your advantage to determine worker status
Who gets a W-2 and who gets a 1099 and why it should never be the same worker
Find out how easily a 1099 audit can be triggered and why the chances of getting one are on the rise
What are the penalties for misclassifying an employee as an independent contractor and who assesses them. It’s not just the IRS you have to worry about.
You found out you have a misclassified employee—now what?

Speaker:Vicki M. Lambert, CPP is president and academic director of The Payroll Advisor™ a firm specialized in the training of payroll professionals. With over 35 years of hands-on experience in all facets of payroll functions as well as over 20 years as a tra

Exhibitors

Vicki M. Lambert

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