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Tougher IRS Regulation on Worker Misclassification
By Michael Rozbruch | October 1, 2011
Last week the IRS announced a new program aimed at business owners that requires reclassification of independent contractors as employees. I discussed the IRS New voluntary Worker Classification Settlement Program, which is particularly relevant in the case of small business owners, in detail last week.
The IRS is dedicated to tougher regulation on misclassification as the number of independent contractors has increased significantly during the recession. With this voluntary program, employers can correct any misclassified employees or independent contractors and prevent a costly future audit or penalty.
Find out more about the program and the skepticism of business owners at The Wall Street Journal article, the Price of Reclassifying Workers, written by Sarah E. Needleman and Emily Maltby.
For help with back taxes or payroll tax problems, contact a tax attorney today for immediate assistance.
Topics: Business Services, General Business, IRS tax audit, back taxes, tax attorney, tax help | No Comments »





