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In these tough economic times, employers are seeking to save money wherever they can. Employers sometimes seek to save money by classifying a worker as an independent contractor rather than an employee to save on employment taxes and worker’s compensation insurance. However, an incorrect determination as to classification can severely damage or even destroy a...
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Recently, the IRS issued its Dirty Dozen Tax Scams for 2011. The IRS issues this list each year. In times of economic trouble, scamsters often prey on the vulnerable. It does not make sense to engage in a tax scam to save money now when you consider the magnitude of the tax, interest and penalties...
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The attached articles were written based on the state of the law as of the date written.  The authors of the attached articles assumes no responsibility to update the content of the articles as a result of any changes in the law.  Anybody reviewing the attached articles should consult with the authors of the articles, or their professional tax or legal advisor to verify the current status of the law as it relates to their own personal transactions.