Blog: voluntary Classification Settlement Program

 

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IRS Invites More Employers to Settle; Promises Process Will Not Open Pandora’s Box

Posted on May 20, 2014 by
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On February 27, 2013, the IRS announced expanded eligibility for its Voluntary Classification Settlement Program (VCSP)(see this link). As many employers recognize, the Obama administration has made misclassification of employees (misclassified as independent contractors) a priority enforcement objective. The VCSP is a program that permits employers (taxpayers) to voluntarily reclassify their independent contractors as employees […]