It is critical that business owners correctly determine whether the individuals providing services are employees or independent contractors.
Failure to do so could lead the business to substantial fines and exposure to lawsuits. It is estimated that the government loses over $54 billion in lost taxes due to misclassification.
Thanks to the lowering of the corporate tax rate, enforcement in this area are expected to rise.
This presentation will provide you with the tools to ensure that your company will be prepared to properly identify if a worker is an independent contractor or an employee and avoid pitfalls in the process.