Finance News & Insights

Your company misclassified a worker: Do you qualify for IRS relief?

Another day, another high-profile – and high-cost – misclassification lawsuit makes the news. [Read more…]

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Using contractors? 3 hidden pitfalls to avoid

More Finance execs than ever see the use of independent contractors (ICs) as a smart business decision.  [Read more…]

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One firm’s painful $11M misclassification lesson

Getting your contractors to sign an independent contractor (IC) agreement acknowledging they’re fully aware of their status as ICs isn’t a bad idea. [Read more…]

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Costly FLSA landmine lurks in new Obamacare rules

As we move toward 2014, many CFOs see relying more heavily on independent contractors as an attractive Obamacare strategy. But there’s a costly danger in this move that many firms may not be aware of. [Read more…]

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Never misclassify again: 7 defining factors of independent businesses

Misclassifying an employee as an independent contractor is a real problem for that employee, but also the employer. So, what are the surefire ways of identifying an independent business? [Read more…]

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2 more states team up with Department of Labor

The DOL just enlisted the help of two more states to help it root out employee misclassification. Will your state be the next one to join the growing list? [Read more…]

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DOL and IRS team up to fight crooked employers

Heads up: The Department of Labor (DOL) just took some major steps that should make it easier to root out organizations that misclassify workers to avoid providing certain employment protections – like overtime. [Read more…]

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New pay bill includes more work, strict penalties

A new bill designed to stop misclassification has landed in Congress. Should it pass, you’ll be hit with much more stringent reporting responsibilities. [Read more…]

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Feds tap safety watchdog to fight misclassification

Thanks to the feds’ latest move, employers will have yet another government agency looking over their shoulder to see if they’re classifying workers correctly. [Read more…]

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The savings strategy that’s backfiring bigtime

Management / Staffing Issues

File it under “seemed like a good idea at the time” — in an attempt to save money a company reclassifies existing workers as independent contractors or starts hiring more ICs. Could save you a bundle … or cost you one. [Read more…]

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