Tax Help For Business Owners As IRS Cracks Down on Independent Contractor Classifications
Monday, April 5th, 2010A recent CNN Money article cautioned business owners about classifying their employees this tax season as the IRS cracks down on proper classification of employees.
The Internal Revenue Service launched a program last month that will randomly examine 6,000 companies over the next three years for employee mis-classifications. The federal government estimates it will raise $7 billion over the next 10 years through tighter enforcement.
Employers must beware of the federal and
