The use of Independent Consultant (IC) and Freelance workers is increasing as companies are hesitant to build back their headcounts after the recession. Dynamic business conditions call for expert talent to help advise and guide companies in areas like Marketing, Human Resources, Information Technology (IT), and Project Management. At the same time the U.S. government (both Federal and State) is clamping down on Independent contract classifications because they do not get the same tax withholding and see the IC as a cause of their tax income shortfall. This has created a large increase in the frequency and severity of compliance audits. In this session we bring an experienced practitioner to share and explain what is involved in an audit of this type. Warner Music Group has performed a due diligence effort around this requirement, and Maryrose E. Maness, SVP & Chief Employment and Corporate Infrastructure Counsel for Warner Music Group will share wisdom and solution best practices on preventing, or at least preparing for, an audit.

Contributors: MBO Partners, Warner Bros.
Categories: Summit Presentations
SRC Type: Contract Management, Corp Services Spend, Sourcing Management