Classifying, Vetting and Managing Independent Contractors – What You Need to Know
Recorded On: 06/23/2022
They can be known as a 1099 worker, an independent contractor, freelancer, gig worker, contractor, self-employed worker – all are names for what the IRS defines as an Independent Contractor These terms and workers have exploded over the pandemic – research shows that between 25 and 35 per-cent of workers are participating in the gig economy in some capacity. Millennial and Zoomer generations are becoming more interested in setting their own pace and employers are searching for ways to fill their openings and meet their workforce needs.
This trend is only expected to continue with the IRS noting its intent to crack down on violations, making it imperative for job providers to know and understand the difference between an employee and an independent contractor.
Join us for this timely webinar and learn how to harness best practices in employing independent con-tractors and avoiding costly IRS audits and fines.
Topics to be Covered:
- IRS Worker classifications and common law rules
- Obligations of an employer-of-record
- Vetting and support for determining worker classification
- Proper agreements and IRS forms
- Training W2 employees how to use and manage 1099 workers
- What to know about potential audits and how to prepare
This webinar will be recorded and available on-demand shortly after the live webinar.
One (1) HR (General) recertification credit hour for PHR, SPHR and GPHR recertification through the HR Certification Institute.
One (1) PDC for the SHRM-CP or SHRM-SCP.