The War Between Independent Contractors and Employees continues.
The Internal Revenue Service plans to flag employers for audit should they issue both a 1099 and a W-2 to the same identification number. Become familiar with the common law rules used by the IRS to stay compliant, thus avoiding costly penalties due to the misclassification of employees.
Also, be part of the discussion regarding famous court decisions that have paved the way for proper classification and the protection of employee rights.
Topics for discussion:
Identify ways to differentiate between independent contractors and employees, and the consequences of misclassification.
Marcia L. Miller, MBA, EA is President and Owner of Financial Horizons, Inc.
For over 40 years, Marcia has worked in Accounting, Tax, and Management Consulting for a practice with an emphasis on representing Small Business Owners in all aspects of Taxes, Employment & Labor Issues, Pensions, Estate Planning as well as Federal, State (Nationwide) and Foreign mandatory reporting.
She has been an author, live speaker, and webinar expert for various national companies and accounting organizations at their annual conferences, lecturing on a multitude of tax, technical & non-technical topics. She has also presented Tax Legislative Seminars for Thomson Reuters on current business taxation and accounting issues.
As a recognized Thought Leader and Speaker in the World of Information Reporting and commonly referred to as the "1099 Queen", Marcia was appointed to and successfully completed a three-year term, as a Committee Member, to the Internal Revenue Service's Information Reporting Program Advisory Committee (IRPAC).
She received both her MBA and BBA from the University of Miami School of Business
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