IRS Offers Businesses Reprieve On Employee Misclassification
Post Views 0The IRS has offered a program to employers concerned over the tax status of employees regarded as independent contractors. If employers meet certain criteria they can fill out Form 8952 and begin treating their independent contractors as employees while paying only a nominal amount in lieu of back taxes. This provides clarity and simplification to both employers and employees as well as a fresh start for tax obligations.
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IRS Offering Employers Break on Misclassification