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Workers missclassification and IRS New VCSP Temporary Eligibility Expansion provision Training Event
The Internal Revenue Service has initiated a tax compliance program that will help many employers to resolve past worker classification issues and achieve certainty under the tax law at a low cost rather than waiting for an IRS audit.
Why should you attend?
The Internal Revenue Service has initiated a tax compliance program that will help many employers to resolve past worker classification issues and achieve certainty under the tax law at a low cost rather than waiting for an IRS audit. For a limited time- IRS has launched VCSP – Temporary Eligibility Expansion VCSP TEE which is available through June 30, 2013. Learn about the new provision and how to compute the worksheet.
At the same time, the U.S. Department of Labor’s Wage and Hour Division have launched a concentrated enforcement initiative which aims to curtail the trend that resulted from employees being miss classified as independent contractors or otherwise not treated as employees. The Wage and Hour Division investigators promised to make unannounced visits. This move by the U.S. Department of Labor’s Wage and Hour Division should put all employers on notice and create the need to reevaluate the employment relationship that exist within their organization for compliance.
Equally, significant the Department of labor now has an enforcement data website and App where all companies who violate wage law can be search out by the public. Like everyone knows: bad publicity is bad for business bottom line.
Hence this seminar aims at helping employers define the right employment relationship;
· Independent Contractor vs. Employee- Definition
· Factors IRS consider when determining workers status
· Section 530 Relief Requirement for business under IRS Audit
· Voluntary Classification Settlement Program, Program
· VCSP – Temporary Eligibility Expansion VCSP TEE
· How to fill VSCP TEE worksheet
· Mitigating the Risk of Wage Claims
Who will benefit: / Target audience
Anyone responsible for recruitment and staffing, finance, and legal, including:
Contingent Workforce Managers
March 5, 12 p m central standard time
March 12, 12 p m central standard time
March 19, 12 p m central standard time
March 26, 12 p m central standard time
Register online at http://www.workplace-