Our Blog: Independent Contractors
- Oct 5 2011
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- Blog, Executive Counseling, Independent Contractors
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New IRS Program Addressing Employee Misclassification
Voluntary Classification Settlement Program Aims to Resolve Employee Misclassification as Independent Contractors
The IRS has recently implemented a program called the “Voluntary Classification Settlement Program” (“VCSP”). The program allows eligible employers to pay a small sum in order to obtain partial relief from federal employment taxes for previous mis-characterizations of workers as “independent contractors” when such individuals should have received classification …
