Worker Classification: Voluntary Classification Settlement Program vs. Section 530 Relief

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The world of worker classification is still fraught with great uncertainty. The distinguishing factors between an employee and an independent contractor are different between the federal and state agencies. Thus, it is possible for a worker to be considered an independent contractor by one agency, but be deemed an employee by another. Because companies that choose to reclassify their workers to employee status can face large taxes due, many adopt the strategy of closing one’s eyes and hoping for the best.

In an attempt to address the issue and to encourage companies to take a hard …read more

Read more here: Nonprofit

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