If your business uses 1099 contractors, provides independent consulting services, or operates an incorporated professional services firm, you won't want to miss PATCA's September 13th dinner meeting.
The use of independent contractors has come under sharp review by federal and state regulatory agencies, exposing many businesses to severe penalties and possible legal action for non-compliance. Under the IRS's National Research Program (NRP), the IRS will audit 6,000 businesses randomly for employment tax compliance over a three year period. In addition, small to mid-sized businesses, including tax-exempt entities, can expect audits when they either mis-classify workers or inadvertently allow red flags to trigger a focused audit.
Join us as our speaker, Michael Visconti, Esq. of Icon Professional Services, Inc., presents the specific audit areas announced by the IRS and tips to prevent this changing regulatory landscape from hurting your bottom line.
In this session, you will learn:
**The current and future worker classification landscape, including active federal and California legislation
**How to identify worker classification red flags - and prevent them from affecting your business
**The impact of class action litigation on doing business with independent contractors
**What is at stake if an audit concludes contractor misclassification
**Steps to take now to prepare for - or help prevent - an EDD or IRS audit
Official Website: http://www.PATCA.org
Added by FullCalendar on September 4, 2012