IRS Audits and Beyond: Navigating the Maze of Worker Classification
This comprehensive webinar will delve into the intricacies of determining worker classification, with a primary focus on the Internal Revenue Service (IRS) audit process. During the webinar, industry expert Jason Dinesen will explore the current "3-factor" standard employed by the IRS and revisit the older "20-factor" criteria. Additionally, session will encompass relief options available in the event of an audit resulting in the reclassification of contractors as employees.
While the primary emphasis of the session will be on IRS procedures, Jason will briefly touch upon other regulatory agencies, including the Department of Labor and state agencies, that may conduct audits on this issue.
Attendees will gain insights into distinguishing between contractors and employees, understanding necessary documentation for contractors, preventing common audit triggers, and addressing borderline scenarios that may necessitate additional documentation and communication with the IRS and other stakeholders.
Webinar Agenda
- Employer legal obligations
- Comparisons of employee and contractor
- IRS 3-factor test
- IRS 20-factor test
- Form SS-8
- Form 8919
- Borderline workers and dual-role workers
- IRS Audits and Relief Options
Webinar Highlights
- Why it’s important to know the difference between contractors and employees
- All the different ways you can get audited: IRS, DOL, and states (Major focus on IRS)
- The IRS’s current 3-factor test
- The older — but still referenced — 20 factor test
- Dealing with borderline situations — are they a contractor or are they an employee?
- Form SS-8 — what to do if an employee files one
- IRS relief programs: Section 530; Section 3509; the voluntary compliance program
Who Should Attend
Accountants, CPAs, Tax Preparers, Attorneys, HR Professionals, Small Business Owners, Payroll Professionals, Bookkeepers, Compliance Officers
Credit(s)
IRS CPE Credits: 1 Tax hour
Jason Dinesen
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well-known presenter of continuing education courses. 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 (for 10 years on this subject!); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credits, corporation and partnership taxation and...
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