Independent contractors can potentially save your clients money, but with increased IRS scrutiny, they could be at risk for penalties and liability. Can you be sure you understand the difference between an employee and independent contractor?

This course is Part 1 of a comprehensive 2-part series that will help you understand the differences between an employee and independent contractor, what the advantages and disadvantages of each classification are, and what statutory employees and contractors are. We will also cover risks of misclassification and potential liability, when to issue a 1099-MISC vs. a W-2, and learn practical hands-on tips to keep in compliance. Additionally, you will gain insight into the IRS VCSP program and when it might be a great approach for a client already in trouble.

Attend this informative session to increase your understanding of employee classification. Develop your skills to keep your clients audit-ready and in compliance and determine a worker's status correctly every time, without concern, to help your clients avoid penalties.