New Hotline Cracks Down on Underground Employers

Officials in California estimate that $7 billion in payroll tax, workers compensation insurance, and other mandates are lost every year because of underground employment practices, including employers that pay workers under the table, according to a December 2011 article in the Los Angeles Times.

It may be difficult to confirm the correctness of the estimated losses, but one thing is clear – the underground economy is costing the state a significant amount in revenue. http://bit.ly/OM4CFg

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Published In: Business Organization Updates, Business Torts Updates, General Business Updates, Government Contracting Updates, 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.

© Robert Freedman - Partner at Tharpe & Howell, LLP | Attorney Advertising

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