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Increased Government Scrutiny of Companies That Use Independent Contractors, Consultants, or Freelancers: Are You Ready? Learn More at Complimentary Breakfast Briefing
Date:2/24/2010

The State Budget Deficit and the National Economic Crisis Have Caused Regulators to Aggressively Investigate Companies Who Use Independent Contractors - Learn How to Mitigate Your Risks and Why You Should Take Action Today. Executive Briefing on Wednesday, March 17, 2010.

San Francisco, CA (PRWEB) February 24, 2010 -- By popular demand, Collabrus (www.collabrus.com) will be hosting another executive breakfast briefing on March 17th in San Francisco, California. The program is titled, “Increased Government Scrutiny - Are You Ready?” and focuses on how employers can gain all the benefits from using independent contractors or consultants while mitigating the risks of employee misclassification and co-employment.

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 billions of dollars 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.

"Employers are now facing the perfect storm here in California," said Kimball Norup, SVP and General Manager of Collabrus. "The combination of highly compensated independent contractors, money-starved regulatory agencies, and a volatile job market make this a perilous time for companies that use contingent labor. As we continue to emerge from the recession and the US economy begins to enter a cautious recovery mod
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Increased Government Scrutiny of Companies That Use Independent Contractors, Consultants, or Freelancers: Are You Ready? Learn More at Complimentary Breakfast Briefing
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