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The IRS is continuing to expand its focus on worker classification reporting related issues. On August 27th the IRS put out a reminder that important IRS rules exist for the purpose of making sure you properly classify the workers you hire as either independent contractors or employees. Remember, if you misclassify a worker as an indepedent contractor when in reality the IRS says that worker is an employee you could be on the hook for costly penalties. 

 

As part of its ongoing effort to crack down on the mistaken classification of workers the IRS reminds business owners that there are several factors particularly important when it comes to hiring individuals as independent contractors versus hiring them as employees....

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