Classifying Your Workers Correctly with Nance L. Schick, Chief Resolution Officer at Third Ear Conflict Resolution

March 10, 2021

Nance L. Schick is the Chief Resolution Officer at Third Ear Conflict Resolution. She is also an employment attorney, ethno-religious mediator, conflict resolution coach, diversity trainer, and author residing in New York City.

Nance helps managers and small business owners have valuable conversations about gender, race, religion, and disability. Additionally, she is skilled in helping small businesses and domestic employers navigate ethno-religious mediation and resolve worker misclassification issues.

Here’s a glimpse of what you’ll learn:

Nance L. Schick explains the difference between a W2 employee and a 1099 contractor
Nance speaks to how you are likely to misclassify employees in your payroll—and when you become liable for penalties from the Workers Compensation Board
How to classify independent contractors correctly
Avoiding penalties for misclassifying domestic workers
Why people accumulate penalties for misclassifying or failing to provide insurance for their employees
Why it is difficult for small business owners to collect a claim when they’re injured, even though they have insurance
Working amidst the COVID-19 pandemic

In this episode…

Ever made the mistake of saying a ‘1099 employee’ instead of a ‘1099 contractor?’ If you answered yes, you’re not alone. A lot of small business owners struggle with how to classify their workers correctly. As a result, they run into trouble with the Workers Compensation Board, the Department of Labor, the IRS—or all three—and have to pay expensive penalties. So how do you classify your workers correctly?

Listen to this episode of Allan Rolnick’s Tax Resolution Ninja Show as he discusses worker classification with Nance L. Schick, Chief Resolution Officer at Third Ear Conflict Resolution. They talk about the difference between a W2 employee and a 1099 contractor, common mistakes people make when classifying employees (and how to avoid them), and the experiences of working through a global pandemic. Stay tuned.

Resources Mentioned in this episode

Sponsor for this episode…

This episode is brought to you by TriState Tax Resolution LLC, a tax consulting firm based in New York City.

Founded by Allan Rolnick who has been a trusted tax professional since 1992, TriState Tax Resolution LLC helps their clients resolve debt issues with the IRS and provides tax planning services and resolution to all of their tax-related issues.

TriState Tax Resolution LLC provides a 3-step process for the various services they offer to help free their clients from their tax debt.

Visit their website at www.tristatetaxresolution.com and book your free and confidential consultation with them today to find out how they can help you stop the IRS from knocking at your door.