Worker classification is no longer just an HR concern, it’s a major compliance risk area with serious tax, reporting, and financial consequences for Accounts Payable. Misclassification errors can trigger penalties, back taxes, and increased scrutiny, often long after payments have been made.
This 90-minute deep dive takes a comprehensive look at independent contractor versus employee classification from an AP and compliance perspective. You’ll explore how classification decisions impact payment processing, tax reporting, and organizational risk, and why AP professionals play a critical role in getting it right.
You’ll learn how to:
- Understand the key criteria used to distinguish contractors from employees
- Recognize misclassification red flags before payments are issued
- Identify where AP commonly intersects with HR, Legal, and Payroll
- Assess the downstream impact on W-9s, W-2s, and 1099 reporting
- Strengthen internal controls to reduce classification-related compliance risk