Cospace is a coworking space and business community in North Austin

RISE Event at Cospace

The annual RISE event is coming to Austin March 1-5.

RISE stands for Relationship & Information Series for Entrepreneurs.  From their site, “RISE is a free conference for entrepreneurs of all types, providing a forum where you can connect and exchange ideas that inspire the entrepreneurial spirit.  RISE is not your ordinary conference. Because RISE is designed for entrepreneurs, by entrepreneurs, the format is hands on, high energy and free flowing. RISE sessions are independently organized by hosts, each of whom chooses his/her own topic and session location. These peer-led forums are limited to 25 participants and take place all over Austin. During RISE, you may find yourself headed to conference rooms, coffee shops, classrooms or cultural centers. You’ll connect with entrepreneurs from multiple industries and backgrounds, along with leaders from universities, non-profits, neighborhoods and government. It’s a fun and highly educational ride, much like entrepreneurship itself.”

Cospace is going to be hosting a couple of events that week.  Both will be led by Caroline Valentine.

On Tuesday, March 2, from 4:00 to 5:30 pm she will be hosting:

Consultant, Contractor or Employee: Classify Correctly

The wrong answer could cost you.

About this session

Deciding if an individual working for your business is an employee or an independent contractor is an important decision. Why is this important you ask? The potential liabilities and penalties are significant if an individual is treated as an independent contractor and later found to be an employee. The cost of misclassifying can be huge, including owing the federal and state governments unpaid taxes plus significant penalties.

Caroline will be discussing both the significance of classifying correctly and the process to ensure your business is compliant:

• IRS and TWC definitions of employee and contractor
• Common misperceptions and mistakes
• Costs to your business in both dollars and time
• Checklist to get it right the first time
• Dealing with the aftermath

This is a very important topic, and is something employers, employees, and contractors should become educated in.  The sessions have a limit of 25 people, so if you are interested, please signup now.

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