Affordable & Effective Training You Own and Can Make Part of Your Employee Development Program.
The importance of correctly classifying workers as employees or independent contractors has never been greater. It is no longer just businesses seeking to cut costs by hiring independent contractors. The Tax Cut and Jobs Act of 2017 created a 20% income deduction for business owners, incentivizing employees to become independent contractors.
The definition of the employer-employee relationship, however, has not changed and cannot be circumvented by agreement between business and worker.
Additionally, many states are broadening the employer-employee definition as they attempt to make gig workers (such as those working for Uber) and independent sellers (such as those selling Tupperware) employees. Misclassification of employees can literally bankrupt a business. To protect yours, learn to properly navigate the Employee vs Independent-Contractor classification process.
If the IRS finds the relationship between a business and workers treated as independent contractors to be incorrect, the IRS can (and will) retroactively reclassify those workers as employees. If a business misclassifies a single employee, it will face years of back taxes, unfiled or amended payroll returns, and amended income tax returns. Misclassifying more than a handful, however, can be the death-knell for many businesses. They will owe a crushing amount of unpaid employment taxes, tax filings, and amended income tax returns. They may also be liable for benefits employees did not receive while misclassified.
Why OA’s Employee vs. Independent Contractor Course?
Our Independent Contractor vs. Employee course covers everything you and your employees need to know to correctly classify workers, avoid reclassification, and minimize the cost of reclassification if and when it occurs. The Independent Contractor vs. Employee Course contains two hours of video broken up into eight easily-navigated lessons.
When you purchase our Employee vs. Independent Contractor Training Course, you own it! Our license agreement allows you to use this course over and over to train your employees! In addition to the ton of resources included with the course, this training course includes:
All courses and articles are for informational purposes only and do not constitute tax advice. Taxes are complicated - do not act on course information without consulting a professional. Always refer to treasury regulation before making any tax decision. Read the full disclaimer.
I just completed the 1099-NEC/MISC course - this was very helpful to me. It is greatly appreciated.
- Tammy L, Anchorage, AK, 1099-NEC & 1099-MISC Course (Training Edition) CourseJam packed with info. I feel ready to finalize the year and tackle my taxes!
- Cassie, Biloxi, MS, Real Estate Agent Tax-Cut Library, Agent Edition CourseThe course did meet my needs and clarified several fine points that the IRS instructions did not make clear to my brain.
- Joe, VT, 1120-H Basics CourseI haven’t practiced in the accounting field in quite some time and wanted a refresher. The Overnight Account course 1099-Misc Basics was very helpful! It was simple to follow along and understand each section. I would highly recommend this course! Staff were quick to answer my question as well. I love that I can review the modules again, if needed, at any time. I will definitely be using them again for more classes.
- Tammy, Anchorage, AK, 1099-MISC Basics (Training Edition) CourseI haven’t practiced in the accounting field in quite some time and wanted a refresher. The Overnight Account course 1099-Misc Basics was very helpful! It was simple to follow along and understand each section. I would highly recommend this course! Staff were quick to answer my question as well. I love that I can review the modules again, if needed, at any time. I will definitely be using them again for more classes.
- Tammy, Anchorage, AK, 1099-MISC Basics Course