Employment Law

The Government Accountability office reported that companies under-reported taxes to the tune of $15 billion in 2001 alone. This stems from misclassifying workers as independent contractors instead of as employees (deliberately and accidentally).

Now the Internal Revenue Service (IRS) is not happy, and they're coming to collect – from the bad guys and the unwitting.

That means more audits, with intense scrutiny into all your records and heftier penalties.

Here's a warning: if you think you are doing this 100% right, odds are you're probably wrong. And that's exactly what the feds are counting on.

They're confident they can raid just about any organization, scrutinize their records and uncover misclassification mistakes. And you know what they'll be thinking when they do?

"Jackpot." That's because the bounty in the form of back taxes and penalties for these types of errors are enormous. How much? At least $7 billion in federal revenues alone over the next 10 years.

Don't become a victim for honest mistakes. This report is your shield against the onslaught of IRS audits that are coming. Get it today.

 

Misclassfication의 예)

1) W-2를 받아야 될 employee를 contractor basis로 계약하여 1099를 발행하고 있는경우 - 이 경우는 payroll을 안떼기 때문에 고용주가 부담해야 하는 종업원  tax를 모두 안내기 때문에, 당연히 정부로서는 세금이 징수가 안되는것으로 보는것입니다. 따라서 Independent contractor로 계약하여 1099를 발행할 경우에는 그에 대한 자격을 엄밀하게 따져 봐야 할 것입니다.

 

2) Exempt와 Non-Exempt의 경우는 OT의 issue가 있어, OT을 받지 않아도 되는 Exempt의 경우를 모두 review해 보시고, OT,를 주어야 하는 position이라면, 어떤 계기를 만들어 바로 바꾸시는것이 좋겠습니다. 이로 인한 법적소송의 경우를 보시면 이해가 빠르실것 같습니다.

 

No. Subject Author Date Views
74 CA State - New Hire Requirement - Effective as of 1/1/2012 HR Consultant 2012.01.15 1105
73 NY State - New Release - effective 1/1/2012 HR Consultant 2012.01.15 449
72 ADA - Americans with Disabilities Act of 1990 HR Consultant 2012.01.15 660
71 FMLA - Employer Responsibilities HR Consultant 2012.01.15 620
70 FMLA - Employee Responsibilities HR Consultant 2012.01.15 498
69 FMLA - Definition of Serious Health Condition HR Consultant 2012.01.15 590
68 FMLA - Eligibility Requirements HR Consultant 2012.01.15 488
67 FMLA - Benefits and Protections HR Consultant 2012.01.15 473
66 FMLA - Military Family Leave Entitlements HR Consultant 2012.01.15 513
65 FMLA - Basic Leave Entitlement HR Consultant 2012.01.15 471
64 What is FMLA? HR Consultant 2012.01.15 444
63 HR - 아무리해도 강조해도 지나치지 않는것!! HR Consultant 2012.01.08 479
62 EPL Insurances - How to prevent employee lawsuits? HR Consultant 2012.01.08 545
61 Employment Practices Liability Insurance (EPLI) HR Consultant 2012.01.08 830
60 Directors and Officers Liability Insurance (often called D&O) HR Consultant 2012.01.08 604
59 Employee Benefit Liability Insurance HR Consultant 2012.01.08 529
58 401K - Fidelity Bonds HR Consultant 2012.01.08 512
57 What is Fiduciary Liability Insurance? HR Consultant 2012.01.08 505
» Misclassification-15 Billion in 2001 - IRS now coming to collect - 안전하신가요? HR Consultant 2012.01.05 486
55 Federal Jury Awards $105K in EEOC Sexual Harassment Case Against Racine IHOP (Restaurant) HR Consultant 2012.01.03 420