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Thursday, October 10, 2024

With the boom of the on-demand economy and the rise of the contingent workforce, worker misclassification has emerged as one of the most prominent storylines over the last year.
Whether your organization employs contractors, freelancers, temps, per diems, project workers, consultants, or specialists, you need to classify workers properly to avoid costly consequences. The cost of non-compliance can be staggering and include fines, penalties, back taxes, and lawsuits.
What’s in the report:

  • The cost of non-compliance and IRS penalties
  • Attributes of a 1099 contractor vs. W-2 employee
  • New guidelines from the Department of Labor
  • Worker classification best practices

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