Posts Tagged ‘business tax audit’

IRS Tax Relief Is Vital for Businesses Audited for Worker Misclassification

Sunday, July 25th, 2010

As the IRS expands audits to 6,000 companies, our tax resolution firm provides expert audit representation while helping businesses resolve potentially detrimental problems that arise from delinquent employment and payroll taxes.
The IRS is stepping up efforts to capture lost tax revenue, recently announcing it would embark on a three-year campaign to audit 6,000 businesses.
Of most concern is any business with unpaid payroll taxes and delinquent employment taxes. Failure to pay
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Business Tax Relief Tips: Correctly Classify Your Employees to Avoid IRS Tax Problems and Penalties

Monday, June 28th, 2010

Businesses and employers must be very cautious when it comes to classifying workers as employees or independent contractors – misclassification can get you in deep IRS trouble. Employers must be aware of these IRS audits and employee classification assessments because if the IRS finds a misclassification that has deprived employees of their tax benefits (such as classifying employees an independent contractors) they can demand the employer provide for these missed
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Mind Your Own Business 2010 with Bill Handel: How to Start a New Business and Avoid IRS Tax Audits

Friday, February 26th, 2010

Need information on starting and keeping your own business? Join me and TRS President Brian Compton along with KFI’s Bill Handel on Saturday, February 27th for M.Y.O.B: Mind Your Own Business 2010 at Orange Coast College.
This event is FREE and open to the public!
Saturday, February 27,  2010 /9:00am to 2:00pm
Location: Orange Coast College (2701 Fairview Rd., Costa Mesa, CA)
Bill Handel will be on hand to provide marginal legal advice during
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Avoid IRS Tax Problems: Correctly Classify Your Employees as IRS Expands Audits to 6,000 Businesses

Thursday, January 21st, 2010

The IRS announced that it expects to expand its auditing activities by embarking on a 3-year campaign that will audit 6,000 businesses both big and small.
According to the TheStreet.com, the IRS estimates that American companies underpay employer taxes by a whopping $14 billion a year. As the government is strapped for cash, the IRS is stepping up its auditing department to try and cash in on lost tax revenue.
While some
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