Whether you are a practice owner who hires therapists, a therapist who is hired by a private practice, a home care agency, or hospital, or a therapist who holds themselves out to the public as an independent contractor, understanding what these classifications really mean is vital and has important ramifications for both parties. It is time to take this issue out of the gray matter and separate fact from fiction. California and NJ therapists are already living with NEW stringent classification systems.
This issue will be presented in detail from all perspectives as far as therapists are concerned, and from the vantage point of the Internal Revenue Service and the Labor Department, regardless of what state you live in. The onus, and all potential risk is on practice owners to properly classify the therapists and all personnel correctly – so lets get this right! Samples of actual audits on therapy practices were reviewed.
1) Understand the specific criteria used to determine whether a therapist should be deemed an employee or an independent contractor
2) Understand the rule of “Substance over Form “ application – why the substance of what a therapist does is far more important than the contract they sign!
3) Find out the specifics of what you can do to protect yourself if:
a. you want to classify a therapist as an IC
b. you want to classify some therapists as employees and some as ICs
4) Find out how to “clean” up your worker classifications before an audit AND what triggers an audit
5) Find out what to do if you think you are being misclassified
6) Ten steps to follow if you want to hold yourself out as an Independent Contractor
All participants will receive a template for an IC agreement
7) Find out why NOT to implement changes until 2022 but plan for them now including calculations for added costs
Upon request, you can receive a certificate of participation if you take the post webinar quiz. The price includes a link to the recording available 24/7/365 and a one page handout.
** This webinar, presented by Iris Kimberg, MS PT OTR. is intended for educational and informational purposes services only and does not replace consultations with an attorney. (Iris survived and won a 12 year battle with the NYS Labor Department on this very issue!) Iris has presented this webinar over 8 times to over 600 therapists from 37 states and has also presented this topic for the PPS of the APTA. She has consulted with many therapy practices who have faced audits from both the Labor Department and the IRS with positive outcomes.
Thank you to our sponsors!