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CWS 30 - 2.7 (Apr 7, 2010)

Contingent Workforce Strategies 30, March 3, 2010
Reminder: CW Risk Forum
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Staff Management
Tapfin
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2010 CW Risk Forum
Feature Story

Preparing for an Audit
Know your rights and gather your documents
By Michael J. Svoboda and Stephanie C. Pfister

Amid federal and state budget shortfalls and rising unemployment claims, the IRS and state agencies have stepped up enforcement of worker classification laws. This combined federal and state effort may result in increasingly aggressive audits and the reclassification of independent contractors as employees. Consequently, companies that utilize independent contractors should be prepared for a worker classification audit. ....

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In the Spotlight

It's an Ecosystem
Author Dan Pink on how both contingents and employees are looking for the right opportunity, with no promise of loyalty

Photo of Dan PinkThe April issue of CWS 30 features Daniel H. Pink, author of several provocative, bestselling books about the changing world of work. His latest is Drive: The Surprising Truth About What Motivates Us, which uses 40 years of behavioral science ...

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Benchmarks

2008 U.S. VMS/MSP Spend Under Management

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Behind the News

When your supplier declares bankruptcy
Healthcare staffing firms have not had an easy time of it. Not only have they been hit hard by the economic downturn, but hospitals are further cutting back on their use of temporary workers because of declining revenue. Falling revenue and rising bankruptcies seem to be characterizing ...

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Because You Asked

We have a number of workers on our staff who will soon be retiring.
I am thinking of establishing a temporary labor pool for them so I can tap their expertise. Any ideas as to how I can go about this?

--Excited in Everett, Wash.

Dear Excited,
You are definitely on the right track.

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Keys to CW Success

Staffing Industry Analysts' Products and Services

Surviving an Independent Contractor Audit
The IRS recently announced plans to hire hundreds of additional auditors and conduct nearly 6,000 random audits of businesses as part of its National Research Program (NRP). This study of employment tax compliance is the first of its kind since 1984 and is meant to identify the size and scope of the perceived "tax gap" that exists due to businesses misclassification of employees as independent contractors. While there is little that you can do to avoid one of these audits, there is much that you can and should do to reduce your risk in this area should your organization be selected for an audit.

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CONTINGENT WORKFORCE STRATEGIES 30 is published bimonthly by Staffing Industry Analysts and is delivered to buyers of staffing services. For change of email address write to subservices@staffingindustry.com or call 1-800-950-9496.

To contact the editor, please e-mail Subadhra Sriram or call 650.390.6194.

To advertise, contact Diana Gabriel or call 650.390.6193.

Copyright 2010 Crain Communications Inc