Worker Classifications 1 Credit
Learning mode
Confused about classifying your workers correctly? This essential webinar cuts through the complexity of distinguishing between independent contractors and employees. We’ll dive into the three key criteria—behavioral, financial, and type of relationship—essential for accurate worker classification. Discover how to use Form SS-8 to get IRS guidance and ensure compliance.
We’ll also explore Section 530 relief and the Voluntary Classification Settlement Program (VCSP), valuable tools for managing the financial implications of worker reclassification. Learn how these programs can reduce the impact of employment taxes if the IRS challenges your worker classification.
Major Topics Covered:
By the end of this course by Nicholas Preusch, you’ll be equipped with the knowledge to navigate worker classifications confidently. Understand the criteria for proper classification, determine when an SS-8 is necessary, and learn how to apply for Section 530 relief and VCSP to minimize tax liabilities. This course is required for anyone handling worker classifications or seeking to ensure compliance with IRS regulations.
Credits
Course Level
Instructional Method
Pre-requisites
Advance Preparation
Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. Nicholas has been recognized as the Top 5 Under 35 CPAs in Virginia, and is a member of the AICPA’s Tax Executive Committee. Nicholas is an adjunct professor at the University of Mary Washington. He is a graduate of Carthage College, University of Connecticut (M.S. in Accounting), Case Western Reserve University School of Law (J.D.), and Georgetown University (LLM in Taxation).
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