Modified - 02/02/2009 12:23pm
Executive Briefing: March 26, 2009
SAN FRANCISCO (January 2009) -- By popular demand Collabrus will be hosting another executive briefing on March 26th in Mountain View, California titled: Are You Gambling with Independent Contractor Compliance?
The focus of the program will be on how to mitigate the risks involved with using Independent Contractors in your company.
Using Independent Contractors has become a vital component of workforce planning in today’s marketplace. But this contingent workforce can expose organizations to significant risk. The IRS, EDD and numerous other government agencies have made tracking down misclassified Independent Contractors a top priority. Their motivation is to close what they call the “Tax Gap” – the estimated $35 billion per year in income taxes and unpaid employment taxes that are not collected due to the misclassification of workers. The combined back taxes, penalties and interest a company may face for violations can reach into the millions of dollars.
The event is tailored to senior executives in Human Resources, Finance, Procurement, and Legal from Silicon Valley companies who use contingent labor. At the briefing attendees will learn:
* The 5 most dangerous assumptions companies make about using Independent Contractors, and how to can avoid them
* The most common triggers for a potentially destructive company audit, and the potential financial implications if audited
* The simple steps to take which mitigate the risks involved with using Independent Contractors
The featured speaker will be Walter Branam has over 30 years experience working with tax and labor issues through his audit and management work at the California Employment Development Department (EDD). As a former Tax Auditor, Tax Administrator, EDD’s first Taxpayer Rights Advocate and designer of the EDD’s Settlement Program, Walt’s knowledge of Federal and State employment laws, regulations, and audit criteria provides valuable insight into how to prevent worker misclassification. Walt has been a keynote speaker with the California Bar Association, Committee on Taxation, and a highly requested speaker by numerous professional groups. Walt brings his expertise to the private sector as the in-house Specialist for Compliance Services at Collabrus Inc.
Who: Human Resources, Finance, Procurement, Legal executives at Silicon Valley companies who use contingent labor
What: Complimentary breakfast briefing that will educate you on the issues and solutions, including a Q&A session with our worldclass compliance expert
When: Thursday, March 26th, 2009. 8:30 – 10:00am, Breakfast served at 8:00am
Where: The Computer History Museum, 1401 N Shoreline Blvd, Mountain View, CA
RSVP: If you are interested in attending this briefing please contact: Melaina Brown, 415-391-1038 x276, mbrown@collabrus.com
There is no cost to attend, but space is limited, so make sure you sign up early.
The focus of the program will be on how to mitigate the risks involved with using Independent Contractors in your company.
Using Independent Contractors has become a vital component of workforce planning in today’s marketplace. But this contingent workforce can expose organizations to significant risk. The IRS, EDD and numerous other government agencies have made tracking down misclassified Independent Contractors a top priority. Their motivation is to close what they call the “Tax Gap” – the estimated $35 billion per year in income taxes and unpaid employment taxes that are not collected due to the misclassification of workers. The combined back taxes, penalties and interest a company may face for violations can reach into the millions of dollars.
The event is tailored to senior executives in Human Resources, Finance, Procurement, and Legal from Silicon Valley companies who use contingent labor. At the briefing attendees will learn:
* The 5 most dangerous assumptions companies make about using Independent Contractors, and how to can avoid them
* The most common triggers for a potentially destructive company audit, and the potential financial implications if audited
* The simple steps to take which mitigate the risks involved with using Independent Contractors
The featured speaker will be Walter Branam has over 30 years experience working with tax and labor issues through his audit and management work at the California Employment Development Department (EDD). As a former Tax Auditor, Tax Administrator, EDD’s first Taxpayer Rights Advocate and designer of the EDD’s Settlement Program, Walt’s knowledge of Federal and State employment laws, regulations, and audit criteria provides valuable insight into how to prevent worker misclassification. Walt has been a keynote speaker with the California Bar Association, Committee on Taxation, and a highly requested speaker by numerous professional groups. Walt brings his expertise to the private sector as the in-house Specialist for Compliance Services at Collabrus Inc.
Who: Human Resources, Finance, Procurement, Legal executives at Silicon Valley companies who use contingent labor
What: Complimentary breakfast briefing that will educate you on the issues and solutions, including a Q&A session with our worldclass compliance expert
When: Thursday, March 26th, 2009. 8:30 – 10:00am, Breakfast served at 8:00am
Where: The Computer History Museum, 1401 N Shoreline Blvd, Mountain View, CA
RSVP: If you are interested in attending this briefing please contact: Melaina Brown, 415-391-1038 x276, mbrown@collabrus.com
There is no cost to attend, but space is limited, so make sure you sign up early.
