IRS Amnesty on Independent Contractors: Really a DOL Sucker Punch


The IRS has announced a voluntary self-reporting program for eligible employers who are concerned that their independent contractors should actually be classified as employees. If you cop to misclassifying independent contractors, you get IRS amnesty on a bunch of back taxes and penalties. In exchange, you must promise to start treating the workers as employees going forward. That means you pay state and federal payroll withholding taxes.

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Published In: Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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