Webinars & Seminars

RISKY BUSINESS — The rising costs of misclassifying independent contractors

Charlie Plumb
Brandon Long
Keith Peters

For years, McAfee & Taft has warned employers of the financial consequences of misclassifying independent contractors. Businesses which improperly classify employees – whether intentional or not – may be responsible for back employment taxes, state tax withholding, unpaid workers’ compensation and unemployment insurance premiums, and penalties for noncompliance with wage and hour laws. In addition, independent contractors who are misclassified may also be eligible for employer-sponsored health and retirement benefits, including paid time off.

Still not convinced of the risks? Under the new health care reform law, many employers who misclassify just one employee run the risk of being hammered with a “play or pay” penalty assessed on the size of their entire workforce beginning in 2014. 

For some employers, the penalties could be crippling.

In this one-hour webinar, employment attorney Charlie Plumb, employee benefits attorney Brandon Long, and tax attorney Keith Peters take a comprehensive look at all the issues and risks that come into play when misclassifying independent contractors and what practical steps businesses can do to take corrective action now. Topics include:

  • Workplace trends using independent contractors
  • Properly identifying and classifying workers
  • Status of enforcement
  • How government agencies are working together to share information
  • Risks and exposures – how the penalties add up
  • IRS relief available for employers who reclassify their workers

Join us for the LIVE BROADCAST on Wednesday, December 5, 2012, from noon to 1pm (Central). There is no cost to participate. Please register at the link below to receive access information for the live broadcast as well as to sign up for HRCI credit, if interested. Registration closes at NOON on Tuesday, December 4th.

»»» Download presentation materials

This program has been approved for 1.0 (General) recertification credit hours toward PHR, SPHR and GPHR recertification through the HR Certification Institute. Registration prior to the live event is required to receive HRCI credit for this webinar. For more information about certification or recertification, please visit the HR Certification Institute website at http://www.hrci.org/.

The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute’s criteria to be pre-approved for recertification credit.

December 5, 2012, 12:00 PM - 1:00 PM