Watch the fine lines between {open_quote}employee{close_quote} and {open_quote}independent contractor{close_quote}
- Gray, Gray & Gray, Boston, MA (United States)
At what point does an independent contractor become an employee? The Internal Revenue Service has stepped up enforcement of its definition of {open_quotes}employee{close_quotes} vs. {open_quotes}independent contractor.{close_quotes} This could mean trouble for some businesses. Misclassified workers can cost a company the form of penalties, interest and back taxes. According the author James Bovard, writing in Insight magazine, the IRS is {open_quotes}waging a campaign to slash the number of self-employed Americans and punish the companies that pay them for their work.{close_quotes} This scrutiny of employment status has affected all types of companies and individuals, from high tech and health care to the movie industry and the clergy. This crackdown by the IRS has meant a surge in the number of employment audits being conducted. As a result, businesses of all sizes are rushing to examine their relationships with independent contractors.
- OSTI ID:
- 123314
- Journal Information:
- Fueloil and Oil Heat with Air Conditioning, Journal Name: Fueloil and Oil Heat with Air Conditioning Vol. 54; ISSN 1060-9725; ISSN FOHCEU
- Country of Publication:
- United States
- Language:
- English
Similar Records
Vicarious liability for mine safety and health violations
Optimizing performance in a self-conducted {open_quotes}Rightsizing{close_quotes} effort