Since you are learning about a legal subject, the course begins with a discussion of the law, specifically legal definitions. In this video, learn about both IRS and state definitions.
Max is the operations manager…at a growing online business in Los Angeles.…Trying to keep his head count low,…he considers hiring Inga as an independent contractor…to create some software applications for the company.…Inga tells Max she's done similar programming gigs…in the past.…Inga is contracted to work…a full-time schedule at the company…for the next six months under Max's supervision.…Max likes the idea of Inga being independent…and the fact that he would not have to pay…for a bunch of income and employment taxes,…health insurance, and workers' comp too.…
It seems like everything a manager could ask for.…But not so fast.…Max is about to not only make a big business decision,…but a legal one as well.…You see, if he misclassifies Inga…as an independent contractor,…he could face significant fines and penalties…and exposures he hadn't even considered.…So, how will Max know…if Inga is really an independent contractor?…We begin our discussion…by looking at how the IRS defines independent contractors.…
The IRS states that an individual…
DISCLAIMER: This course addresses US law concepts that may not apply in all countries. LinkedIn (including Lynda.com) and the instructor are not giving legal advice. Neither Linkedin (including Lynda.com) nor the instructor represent you. The information conveyed through this course is similar to a college or law school course; it is not intended to give legal advice, but instead to communicate information to help viewers understand the basics of the topic presented. The views and legal interpretations presented in this course do not necessarily represent the views of LinkedIn or Lynda.com.
- Legal requirements for classifying independent contractors
- Financial and strategic benefits of contract employees
- Downsides of misclassification
- What triggers complaints and investigations?
- Licensing statutes, permit requirements, and anti-discrimination statutes
- Preventing misclassification claims
- Considering an SS-8 ruling
- Amnesty programs