For Companies That Use Independent Contractors, Consultants, or Freelancers: Executive Briefing on Thursday, October 22, 2009
The State Budget Deficit and the National Economic Crisis Are Causing Regulators to Aggressively Investigate Companies Who Use Independent Contractors - Learn How to Mitigate Your Risks and Why You Should Take Action Today
Using Independent Contractors has become a vital component of workforce planning in today’s marketplace. But this contingent workforce can expose organizations to significant risk. The IRS, EDD and numerous other government agencies have made tracking down misclassified Independent Contractors a top priority. Their motivation is to close what they call the “Tax Gap” – the estimated $35 billion per year in income taxes and unpaid employment taxes that are not collected due to the misclassification of workers. The combined back taxes, penalties and interest a company may face for violations can reach into the millions of dollars.
"Employers are now facing the perfect storm here in
The event is tailored to senior executives in Human Resources, Finance, Procurement, and Legal from San Francisco Bay Area and
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Critical facts about the current regulatory environment and why it is more dangerous than ever.
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Basic differences between an employee and an Independent Contractor and some dangerous assumptions to avoid making.
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The most common triggers for an employment tax compliance audit and the potential financial implications of being audited.
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Simple steps to take which mitigate the risks involved with using Independent Contractors.
The featured speaker will be Walter Branam has over 30 years experience working with tax and labor issues through his audit and management work at the California Employment Development Department (EDD). As a former Tax Auditor, Tax Administrator, EDD’s first Taxpayer Rights Advocate and designer of the EDD’s Settlement Program, Walt’s knowledge of Federal and State employment laws, regulations, and audit criteria provides valuable insight into how to prevent worker misclassification. Walt has been a keynote speaker with the California Bar Association, Committee on Taxation, and a highly requested speaker by numerous professional groups. Walt brings his expertise to the private sector as the in-house Specialist for Compliance Services at Collabrus Inc.
Who: Human Resources, Finance, Procurement, Legal executives at San Francisco Bay Area and Silicon Valley companies who use contingent labor
What: Complimentary breakfast briefing that will educate you on the issues and solutions, including a Q&A session with our world-class compliance expert
When: Thursday, October 22, 2009. 8:30 – 10:00am, Breakfast served at 8:00am, program begins promptly at 8:30am.
Where: The Computer History Museum, 1401 N Shoreline Blvd, Mountain View, CA
RSVP: If you are interested in attending this briefing please contact: Karly Folkerson, 415-391-1038 x276, or by email: kfolkerson@collabrus.com
There is no cost to attend, but space is limited, so make sure you sign up early.
