SANTA MONICA â€“ Emir Phillips, a Los Angeles-based expert in individual and small business finance, will offer a free seminar on Making Sure Your Workers are, and Stay Independent Contractors
Online PR News – 11-July-2013 – Los Angeles/CA – Emir Phillips, a Los Angeles-based expert in individual and small business finance, will offer a free seminar on Making Sure Your Workers are, and Stay Independent Contractors
The seminar will take place on
Friday July 12, 2013 from 10:30 AM to 12:30 PM PDT
SCORE Glendale Classroom
330 N. Brand Blvd, Suite 190
Glendale, CA 91203.
Seating is available on a first-come first-serve basis. Sub-topics covered will include...
how to determine whether a worker is an independent contractor (IC) or an employee, by satisfying any and all of the tests developed by the IRS:
Four Steps to Classification Under the IRS Rules
Step 1: Statutory Independent Contractor Rules
a) Direct Sellers
b) Licensed Real Estate Agents
Step 2: Analyze the Worker Under the Common Law Test
a) Behavioral Control
b) Financial Control
c) Relationship of the Parties
d) Applying the Test
Step 3: Statutory Employee Rules
a) Corporate Officers
b) Truck Drivers
c) Insurance Salespeople
Step 4: Safe Harbor Rules
a) First Prong: the 1099
b) Second Prong: Consistent Treatment
c) Third Prong: Reasonable basis
d) Limitations on Safe Harbor
â€¢ how to document that a worker is truly an independent contractor
â€¢ how to draft the written agreement between yourself and the independent contractor, and
â€¢ how to reduce your chances of facing, or losing, an audit by the IRS or another government agency.
This seminar is the latest in a series of popular workshops and seminars offered by Phillips. Past seminars included Tax Deductions for the Savvy Start-up, Consequences of Forming and Operating an LLC, and Tax Savings and the Smart Business Owner.
About Emir Phillips
Emir Phillips (JD, MSFS, MBA, ChFC, CLU, CEPT) has over two decades of professional experience in business. He is the founder of Wealth Directives, Inc. (http://www.wealthdirectives.com), a California corporation specializing in estate planning, guaranteeing retirement income, and lifestyle protection.
Emir Phillips is also a volunteer business counselor with SCORE, an IRS Authorized Enrolled Agent in Income Tax Preparation, a Financial Representative (Series 63 and 7), Real Estate and Mortgage Broker.
In addition, Phillips is the author of the novel Lucitan (http://www.amazon.com/Lucitan-A-Christian-Punk-Novel/dp/1419634828/). Phillips received his JD from Indiana University, his MBA from California State University Long Beach, and his financial certifications from the American College.