Employee or Independent Contractor? - YouTube video text script
HERE’S A TIP FROM THE I-R-S.
HI… I’M THERESA AND I WORK FOR THE INTERNAL REVENUE SERVICE.
ARE YOU AN EMPLOYER?
AND… ARE YOU UNSURE IF YOU’RE CORRECTLY CLASSIFYING YOUR WORKERS AS CONTRACTORS OR EMPLOYEES?
IF YOU ARE STRUGGLING WITH THESE ISSUES… WE HAVE A PROGRAM THAT CAN HELP.
IT’S CALLED THE VOLUNTARY CLASSIFICATION SETTLEMENT PROGRAM… OR V-C-S-P.
CHANCES ARE… IT CAN HELP YOU IF YOU ARE CURRENTLY TREATING YOUR WORKERS AS NONEMPLOYEES… ALSO CALLED INDEPENDENT CONTRACTORS… AND YOU WANT TO VOLUNTARILY START RECLASSIFYING THEM AS EMPLOYEES.
THIS PROGRAM CAN PROVIDE CERTAINTY BY PROVIDING SUBSTANTIAL RELIEF FROM FEDERAL PAYROLL TAXES FOR THE PAST… IF YOU START DESIGNATING YOUR WORKERS AS EMPLOYEES IN THE FUTURE.
TO QUALIFY FOR THIS PROGRAM, YOU MUST MEET THE FOLLOWING FOUR REQUIREMENTS:
NUMBER ONE… IN THE PAST… YOU CONSISTENTLY TREATED YOUR WORKERS AS CONTRACTORS OR NONEMPLOYEES.
NUMBER TWO… YOU FILED ALL OF THE REQUIRED 1099 FORMS.
NUMBER THREE… YOU ARE NOT CURRENTLY BEING AUDITED BY THE I-R-S.
AND… FINALLY, YOU ARE NOT BEING AUDITED BY THE U-S DEPARTMENT OF LABOR OR A STATE AGENCY REGARDING THE CLASSIFICATION OF YOUR WORKERS.
YOU CAN APPLY FOR THE VOLUNTARY CLASSIFICATION SETTLEMENT PROGRAM BY FILING FORM 8952.
WE’LL TAKE CARE OF IT FROM THERE AND HELP YOU WITH THE REST OF THE PROCESS.
IT’S THAT EASY.
TO DOWNLOAD FORM 8952 AND TO FIND OUT MORE ABOUT THE V-C-S-P… JUST GO TO I-RS-DOT GOV.
