Posts Tagged ‘business tax relief’

Tax Help for the 6,000 Businesses Targeted by the IRS in Employment Tax Audits

Sunday, August 22nd, 2010

Earlier this year, the Internal Revenue Service began employment tax audits of approximately 6,000 U.S. companies to provide statistical data for the National Research Program study of employment tax compliance.
During this process, the IRS is also prioritizing the collection of unpaid employment taxes from both businesses big and small. This means no one is safe from IRS audits as Uncle Sam zeros in on randomly selected companies and individuals in order to
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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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