Anchor Payroll Blog

How Not to Misclassify Employees

Posted by Karen Trendell on Apr 9, 2024 8:46:26 AM

So, what's the big deal? Misclassification is considered wage theft, whether you knowingly or accidentally misclassify employees. It could put your business at risk of an IRS audit for back taxes, severance and health care coverage for misclassified workers, in addition to legal fees, reputation damage, and even criminal and civil penalties.

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Topics: #HCM, #payroll #anchorpays