Webinar On "Classifying Workers: 1099 vs. W2 - Independent Contractor or Employee?"

Event Details

Time: October 5, 2017 from 1pm to 2pm
Location: Online
Street: 9106 Seven Locks Road
City/Town: Bethesda
Website or Map: http://bit.ly/2fHUBfe
Phone: 1-844-216-5230
Event Type: online, webinar
Organized By: Sam Miller
Latest Activity: Oct 3, 2017

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Event Description

Description :

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 independent contractors simplifies your payroll process and can save business owners money. During this session, learn how to classify workers appropriately, factors to consider when determining your business relationship, when to file IRS form SS-8, and forms/taxes associated with each type of worker.

Objective :

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! During this session, learn how to classify workers appropriately, factors to consider when determining your business relationship, when to file IRS form SS-8, and forms/taxes associated with each type of worker.

Areas Covered in the Session :

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 Employee, Statutory Nonemployee
How Work Instruction Affects Work Relationship
Financial Factors Affecting Classification
Contracts
Industry Standards – Job Types Classified as Employees by the IRS
Employment Tax Obligations

Who Will Benefit:

HR and Accounting Professionals
Small Business Owners
Entreprenuers, Sole Proprietors, Self-Employed Professionals
Non-Profit Organizations
Business Management Professionals

About Speaker:

Deborah Wolfe has been a successful government, non-profit, and private account for over 18 years. She empowers individuals and builds confidence with education, originality, and authenticity. Her approach combines professionality and originality to design and improve business and accounting solutions. For the past 4 years, Deborah has been a speaker and small business owner consultant, guiding business owners and entreprenuers from startup to success! She is based in St Augustine Florida and is an active writer on LinkedIn.