Over 70% of all audits result in finding misclassified workers, and the IRS and EDD prevail in over 90% of cases that go to hearing or trial
Mountain View, CA (PRWEB) May 30, 2012
The IRS estimates there are over 8 million Independent Contractors in the US and that a large percentage of them should actually be classified as employees. New legislation targeting companies who misclassify workers, combined with increasingly aggressive state and federal agencies who are conducting unprecedented numbers of employer audits, means that businesses need to understand how best to protect themselves from the risks involved in this critical workforce component.
Leading labor law attorney Denis Kenny, together with industry expert Jason Posel, senior vice president of strategy and solutions for ClearPath Workforce Management, will analyze and explain the critical criteria that should be used to determine if a worker should be classified as an Independent Contractor or an employee, and take a look at a number of case studies to give attendees practical insights into how to protect their company. The webinar is titled " Independent Contractor Classification: Recognizing your risks and how to manage them."
"Over 70 percent of all audits result in finding misclassified workers, and the IRS and EDD prevail in over 90 percent of cases that go to hearing or trial," said Jason Posel, senior vice president. "Employers need to look at how they currently deal with independent contractors and implement processes for ensuring compliance with all regulations."
The webinar will:
- Cover the latest legislative and regulatory issues focused on worker misclassification
- Evaluate the risks companies have who misclassify workers, including financial penalties
- Examine ways to determine who qualifies as a 1099 contractor and who should be a W-2
- Demonstrate key steps to prepare for an IRS/EDD audit or litigation
- Reveal best practices for engaging contingent labor and Independent Contractors
Human Resources, Contingent Workforce Managers, Finance, Procurement, Legal executives, Corporate recruitment
Jason Posel: SVP, Strategy & Solutions for ClearPath
Denis S. Kenny, Esq.: Attorney and Partner, Scherer Smith & Kenny LLP
With ClearPath's contractor management solutions, companies can more efficiently and cost-effectively engage, pay and manage the talent they need while mitigating the risks associated with contingent workers. With 17 years of experience our contractor management and payroll programs include: Employer of Record (ClearPath hires your pre-identified contractors as our own W-2 employees); Agent of Record services (billing and payment consolidation for Independent Contractors); and the most comprehensive Independent Contractor Compliance program available.
About Scherer Smith & Kenny LLP
Founded in 1993, Scherer Smith & Kenny LLP serves mid-sized and fast-growing entrepreneurial companies. From complex litigation to business, real estate, intellectual property and employment law, SS&K brings strategic thinking, pragmatism and intense dedication to its clients’ success. Denis Kenny chairs the firm’s litigation and employment practice. In counseling client employers, SS&K’s employment team emphasizes the importance of developing and implementing policies and procedures designed to ensure compliance with state and federal laws relating to 1099 independent contractor issues, wage and hour questions, wrongful termination and harassment/discrimination in the workplace. SS&K’s client employers receive the additional benefits of regular firm updates and presentations on developments in the ever-changing employment law arena.