Do you believe the economy is starting to recover? Are you gearing up for future growth and considering independent contractors and contingent workers because they give you flexibility?
But are you really ready?
Just as you are thinking of increasing the use of IC’s and contingent workers the government is gearing up its workforce of auditors and […]
Want a new job? The IRS is hiring and advertising job opportunities on YouTube!
WASHINGTON DC-The Internal Revenue Service announced this week it is using YouTube to market IRS job openings for revenue agents, revenue officers, criminal investigation special agents, financial analysts and economists about employment opportunities at the IRS.
IRS Commissioner Doug Shulman said, “Whether you’re […]
WASHINGTON-The IRS National Taxpayer Advocate, Nina E. Olson, released her July report to Congress that identifies the important issues to the IRS during the coming fiscal year. The report expresses concern about IRS funding, particularly:
IRS funding for taxpayer education and assistance,
IRS funding to implement health care reform,
IRS funding for the new information reporting (Form 1099) for […]
Douglas H. Shulman, IRS Commissioner, recently spoke before the American Payroll Association & the American Accounts Payable Association. He said he’s excited about the new law I mentioned earlier this week giving the IRS more tools to close the Tax Gap…
Commissioner Shulman stated that the IRS is gearing up to implement new requirements recently passed into law […]
WASHINGTON DC-The Internal Revenue Service invited public comment on how to carry out “The Patient Protection and Affordable Care Act of 2010,” also known as the Heath Care Bill, that requires all corporations to receive a Form 1099 for their goods and services to other businesses.
What does Health Care have to do with 1009 reporting?
A […]
Last week Deputy Labor Secretary Seth Harris, speaking in Washington DC before the Center for American Progress (a pro labor research group) said his department intends to foster a stronger culture of IC compliance among employers to counter a practice he describes as follows: “They are playing a dangerous game of catch me if you […]
You get a letter from the state EDD or the IRS informing you that your company has been selected for an employment tax audit. Are you Ready?
Did you know that:
Over 70% of all employment tax audits conducted result in a finding of misclassified workers?
The EDD and the IRS win 90% of the cases that go […]
IRS Auditors Look at More Than Accounting Records When Auditing an IC’s Business
Collabrus works on behalf of client companies to help them safely and cost-effectively engage contingent workers in their business. As such, most of the articles I write are employer-centric. In today’s article I will look at the issue of IC Compliance from the […]
In a report issued last year, the U.S. Treasury Department’s Inspector General bureaucratically criticized the IRS, saying that the misclassification of employees as independent contractors is a nationwide issue affecting millions of workers that continues to grow and contribute to the federal tax gap.*
The report said, “The IRS…does not have an agency-wide employment tax […]
In an article posted on April 6, 2010, I informed you of this tax credit and how to qualify.
The Health Care Bill Provides a Conditional Credit for Small Employers
You can find a complete synopsis of this tax credit in that article.
This week state and federal government agencies began to officially announce this tax credit.
The IRS […]
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