This webcast will address the thorny issues arising when clients insist on paying workers as freelancers — whether accidentally or on purpose. You will get an overview of the IRS's common law definition of an employee. You will learn how to help your client understand the difference — and the consequences. We will also discuss the pros and cons of the IRS's new open-ended amnesty program — the Voluntary Classification Settlement Program (VCSP).
Who Should AttendTax practitioners, of all levels, regardless of tax practice who want to protect their business clients interests. This is also an excellent resource for business owners — to help them identify key tax issues when hiring full or part-time workers, in-house or virtually.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program PrerequisitesA basic understanding of tax preparation.