IRS Audit Relief: Worker Classification 101

Details

Unlock the Secrets of Worker Classification! and discover the game-changing nuances that can transform your business strategy. Navigating the intricate world of tax laws and worker distinctions has never been more captivating.

Discover the key differences between contractors and employees in this insightful presentation by Jason Dinesen Learn why proper worker classification is crucial for businesses, impacting tax obligations and benefits. Dinesen breaks down the IRS 3-factor test, providing practical insights into behavioral and financial control, as well as the nature of the working relationship. Explore the complexities of the now-retired 20-factor test, offering a comprehensive understanding of the classification landscape.

In this webinar, we will navigate potential challenges and uncertainties surrounding worker classification, including the potential impact of the Biden Administration's rules on independent contractors. Dinesen offers practical advice for audits, and relief options like Section 530 and Section 3509, and stresses the importance of having a valid reason for treating a worker as a contractor.

We will also uncover relief solutions for IRS audits, including Section 530 and Section 3509, as well as the Voluntary Classification Settlement Program (VCSP). This course highlights the benefits and requirements of these programs, emphasizing consistency, documentation, and the consequences of deliberate misclassification.

This tax webinar concludes with a warning about broader implications, extending beyond taxes to factors like employee count, state-level taxes, and mandated benefits. Dive into this resource to ensure your business is on the right track with worker classification.

Key areas:-

· Why is this topic important?

· IRS 3-factor test

· IRS 20-factor test

· Dealing with gray areas

· Options in an audit

· To differentiate between contractors and employees.

· To review the required documentation for contractors.

· To know how to avoid common issues that lead to audits.

· To explain how to deal with borderline situations that may require additional documentation and communications with the IRS and other stakeholders.

Why should you attend?

Gain invaluable insights into the intricate world of worker classification from expert Jason Dinesen. Understand the pivotal differences between contractors and employees, and how proper classification impacts your tax obligations and benefits. Navigate potential challenges, including the Biden Administration's rules on independent contractors, and learn practical solutions for audits and relief options like Section 530 and Section 3509. Ensure compliance and avoid pitfalls with a comprehensive understanding of worker classification, extending beyond taxes to broader implications such as employee count and mandated benefits. Join us to transform your business strategy and safeguard against misclassification risks.

Who should attend?

· HR managers

· HR Directors

· Department heads and supervisors

· Owners and managers of small businesses

· HR professionals

· HR Administrators

· Compliance Professionals

· Senior Managers

· CEO’s

· CFO’s

· Controllers

· Payroll/Compensation Officers

In-House Counsel

Instructor

Jason Dinesen

EA, LPA

Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well known presenter of continuing education courses. He has an impeccable acumen for tax subjects, by virtue of which, he is known to create very well researched course materials helping individuals and businesses with accounting, bookkeeping, tax preparation, and business advisory in various industries. Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics and much more. He has presented over dozens of webinars on Form 1099 (MISC & R); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credit and other issues relating to the modern-day household setting. Moreover, Jason is known to be producing every other webinar/course a little different and updated from the previous one. No wonder, he is a top ranked presenter whose webinars and self-study course materials are very well received by the audience. He also teaches 2 classes at Simpson College, Individual Income Tax and Business Analytics.

Credits

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Recorded webinars or On-Demand are self-paced audio-visual training program that you can watch at your own pace to earn Continuing Education Units (if applicable). Online, recorded training courses are accessible whenever you choose, for an unlimited number of times. Additionally, you have three months from the purchase date to watch as many times as you like. After a live training or webinar has started, you will receive the instructions and link to access the recorded training course. If it has already been recorded, you can access it right away.

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