Worker Misclassification: Why the IRS Cares & You Should Too
The IRS is cracking down on rampant worker misclassification. The enormous growth of the independent workforce means this scrutiny will only grow.
Région et langue actuelles
Sélectionnez la langue
Sélectionner le pays:
Amérique
Europe - Moyen-Orient - Afrique
Asie-Pacifique
Sélectionnez la langue
Sélectionner le pays:
Amérique
Europe - Moyen-Orient - Afrique
Asie-Pacifique
The IRS is cracking down on rampant worker misclassification. The enormous growth of the independent workforce means this scrutiny will only grow.
Because so many companies in today’s economy utilize subcontractors for the efficiency and cost savings that they provide, it is essential that they have a thorough understanding of how a vendor/subcontractor program works.
Many organizations are legitimately confused about how to properly classify individuals as independent contractors versus employees, and as a result expose their company to significant risk.
Many companies that utilize independent workers believe worker misclassification is just an employer tax issue. The truth is there are many federal and state agencies who are very interested in proper worker classification in order to provide workers with the benefits and protections to which they would be entitled to as employees. A few examples […]
In today’s competitive talent market many organizations engage workers as independent contractors. Strategic companies have a consistent process for classifying workers correctly. Unfortunately many companies make ad hoc decisions, or even worse, have no oversight at all which allows managers to misclassify workers and exposes the company to significant risk. Some companies do this knowingly […]
It has been said that the American dream used to be owning your own home. Today, there are many who say the new American dream is owning your own business. With the incredible growth of the independent workforce and client companies increasingly seeking out subject matter experts to perform project work, many of these new […]
As independent contractor compliance and engagement specialists, we are frequently asked by enterprise clients to help them manage the risks surrounding professional services vendors who perform work on a SOW basis for the benefit of the client company. Part of the solution is to educate our clients on the definition of an independent business.
We’ve now entered a new era of talent scarcity, a time when buyers of talent must focus on attracting and retaining the vital talent they need to execute their strategic plans and get work done. It is predicted that the number of Millennials in the workplace will outnumber the Boomers sometime this year.
Inscrivez-vous à notre liste de diffusion et recevez les nouveaux articles directement dans votre boîte aux lettres.
2023 People2.0. Tous droits réservés