Mitigating the Risk of Wage Claims: Workers misclassification and IRS Audit

This Wage claims webinar will discuss how to mitigate risk of wage claims by avoiding misclassification of employees, correctly determining worker status. You will also understand Section 530 Relief Requirement for business under IRS Audit, Voluntary Classification Settlement Program and its eligibility.

Why Should You Attend:

Employee misclassification is a growing problem. In 2011 alone, the Wage and Hour Division found that more than $5.3 million in back wages was due to more than 7,700 employees who had been misclassified.

The Internal Revenue Service has initiated a tax compliance program that will help many employers to resolve past worker classification issues and achieve certainty under the tax law at a low cost rather than waiting for an IRS audit.

Areas Covered in the Webinar:

• Independent Contractor vs. Employee- Definition.
• Factors to consider when determining workers status.
• Section 530 Relief Requirement for business under IRS Audit.
• Voluntary Classification Settlement Program, VCSP for employers who currently misclassify their workers and who are not under IRS investigation.
• Eligibility requirement for the VCSP.
• Mitigating the Risk of Wage Claims.

Who will Benefit:

Anyone responsible for recruitment and staffing, finance, and legal, including:

• HR Managers
• corporate recruitment
• Facility Managers
• In-house Attorneys
• Risk Managers
• Business Owners
• Contingent Workforce Managers