Worker misclassification can create costly payroll tax exposure, audit risk and operational challenges for organizations that use 1099 contractors. This session explains how to evaluate whether a worker is truly independent or should be treated as an employee by reviewing control over pay, tools, equipment, work hours, methods of performing services, business expenses, risk of loss and signs that the worker operates an independent business. The webinar also covers the IRS common-law three-factor test, Department of Labor final rule updates, the ABC test, state determinations and how these standards may affect contractor status. Participants will learn how to identify classification vulnerabilities, tighten internal procedures, improve documentation, address ancillary recordkeeping and risk management issues, and understand topics such as TIN matching, backup withholding, electronic filing and current cases.

This webinar benefits the following agencies-

Employers using 1099 contractors, payroll departments, HR teams, hiring managers, accounts payable teams, internal and external audit groups, personnel executives, staffing operations and organizations seeking stronger worker classification procedures.

Who should attend?

• Payroll managers and staff, 
• HR managers and staff, 
• Hiring personnel, 
• Internal and external auditors, 
• Accounts payable managers and staff, 
• Personnel executives, 
• Finance and compliance professionals, and 
• Any organization responsible for classifying independent contractors or employees.