Training Doyens

OVERVIEW 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, usually 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 independent contractor rules andregulations and 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. WHY SHOULD YOU ATTEND Understand the new, simpli...

OVERVIEW As a business owner, you are responsible for classifying the people providing services to you and your clients, and to remit employment taxes to the IRS on behalf of all employees. Classifying workers as independentcontractors simplifies your payroll process and can save business owners money. WHY SHOULD YOU ATTEND Misclassification of workers is a serious problem that can have severe consequences for business owners. Workers that feel they have been misclassified are able to file a tax form to notify the IRS of the discrepancy and you can be held liable for the taxes and related penalties! Independent Contractors AREAS COVERED Determining Business Relationship – What Type of Workers Do I Have? Control and Independence Factors – Who Controls the Work or Product? Supporting Evidence – How Do I Document Classification? Associated Forms – SS-8, 1099, 940, 941 Consequences and Penalties Independent Contractor, Common Law Employee, Statutory E...