What You Need to Know About Federal Taxes When Hiring

Description

Part 1 - Hear from an expert speaking on behalf of the IRS discussing your responsibilities as an employer or as one who pays others for services in the course of your trade or business. Whether you're handling this yourself or paying someone else to do it, you need to know your responsibilities.
 
Learn about the differences between an employee and an independent contractor; how to determine eligibility to work legally in the United States; the importance of the Form W-4 and the employer's responsibility regarding withholding; how to verify work names and Social Security numbers; the purpose of the state new hire registry; the process for filing Form W-2; your obligations to notify employees about the Earned Income Tax Credit; the role of Individual Taxpayer Identification Numbers; and finally, the process for enrolling in and using the Filing Information Returns Electronically system, also known as FIRE.
 
Part 2 - Will cover recently enacted employment laws and cases that all employers should know going into 2015. Topics include: mandatory sick pay, drivers licenses for undocumented workers and a survey of recent case law that will have an impact on policies and procedures.