Resolving Employment Tax issues: Advanced Tactics for Tax Professionals and Advisers

Self-Employment Taxes, Worker Classification, Voluntary Closing Agreements, California AB 5, Penalties, Criminal Aspects

Recording of a 90-minute premium CLE/CPE webinar with Q&A


Conducted on Tuesday, March 31, 2020

Recorded event now available

or call 1-800-926-7926
Program Materials

This CLE/CPE webinar will guide tax professionals and advisers on critical issues relating to employment taxes. The panel will discuss essential techniques to avoid penalties and handling IRS audits stemming from employment taxes. The panel will also discuss worker classification issues and methods to overcome them, the impact of California AB 5, key considerations for state versus federal compliance, and the criminal aspects of employment tax issues.

Description

The IRS is forceful in its efforts to pursue taxpayers who fail to comply with withholding and remitting employment taxes. Noncompliance can cause heavy penalties and interest against taxpayers that could destabilize a company and its operations. Tax professionals and advisers must grasp a complete understanding of tax rules and available techniques to avoid or minimize reassessments and penalties.

If a company fails to adhere to collect and remit employment taxes, the IRS could make personal assessments and a 100% penalty against all responsible persons who have ownership in or authority over the company under Section 6672(a). Furthermore, under certain circumstances, a responsible person could be criminally liable and subject to prosecution.

Also, tax professionals and advisers must be mindful of any state law issues that impact taxpayers, specifically knowledge of evolving state worker classification rules to consider. For instance, the recently enacted California Assembly Bill 5 entitles workers classified as employees to greater labor protections, such as minimum wage laws, sick leave, and unemployment and workers' compensation benefits. The bill also places the heavy burden of proof for classifying individuals as independent contractors on the hiring entity.

Tax professionals and advisers must master methods in resolving employment tax issues to ensure federal and state law compliance for taxpayers.

Listen as our panel discusses critical issues stemming from employment tax noncompliance, worker classification challenges, and California AB 5, as well as essential considerations for state versus federal compliance. The panel will also offer effective methods in avoiding or minimizing trust fund recovery penalties and tactics in handling IRS examinations.

READ MORE

Outline

  1. Key employment tax issues and IRS examinations focus
  2. Worker classification issues
  3. Use of voluntary closing agreements
  4. Penalties, interest, and criminal aspects
  5. Worker classification issues
  6. Other critical issues for handling IRS examinations

Benefits

The panel will review these and other key issues:

  • Employment tax issues that trigger an IRS examination
  • Worker classification issues and impact of California AB 5
  • Complex issues of state versus federal compliance
  • Trust fund recovery penalties and potential criminal aspects
  • Critical mechanisms to avoid IRS examinations and resolve employment tax issues

Faculty

Kalinski, Jonathan
Jonathan Kalinski

Principal
Hochman Salkin Toscher Perez

Mr. Kalinski specializes in both civil and criminal tax controversies as well as sensitive tax matters including...  |  Read More

Perez, Dennis
Dennis L. Perez

Principal
Hochman Salkin Toscher Perez

Mr. Perez represents and advises U.S. taxpayers in foreign and domestic voluntary disclosures, sensitive issue civil...  |  Read More

Stein, Michel
Michel R. Stein

Principal
Hochman Salkin Toscher Perez

Mr. Stein specializes in tax controversies, as well as tax planning for individuals, businesses and corporations. For...  |  Read More

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

$347

Download

CPE Not Available

$347