The Perfect IC Compliance Storm is Here—Have You Protected Your Business?
As long ago as November 2008, I was predicting a crack down on Independent Contractor Compliance, and the broader issue of rampant worker misclassification.
Obama Wins-Tax Loopholes Will Tighten
Then in February 2009, I predicted there was a storm on the horizon-An IC Compliance Storm.
The Perfect IC Compliance Storm is on the Horizon
Almost every week I have provided examples of the approaching storm. Finally, the traditional media are beginning to catch on…
Last month I told you about a New York Times article, reporting on the crackdown by both the federal and state governments on companies that misclassify workers as independent contractors..
Government Crackdown on Misclassified Workers to Increase: The Perfect Independent Contractor Compliance Storm
More recently, an article appeared in The Boston Globe, informing readers of the crackdown.
The traditional media are predictably behind the curve.
If you wait to read about it in the newspapers, or see it on television, you are more than likely behind the curve.
It’s 2010 and the Perfect IC Compliance Storm is here.
If you had acted in 2009, you would be worry free today, but it’s never too late to protect your business. To do so you need to act as soon as you recognize you might have a problem. Your best recourse is to hire an industry expert, like Collabrus, that specializes in this issue.
Once the IRS or a state enforcement agency knocks on your door it will be too late.
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