FinanceRegs.com » tag » Penalites

Common error may soon have much stiffer penalty


November 13, 2008 by Carol Katarsky
Posted in: 1099s, Best practices, Hiring & training staff, In this week's e-newsletter, Internal controls, IRS regs, Latest news & views, Tax compliance

A new bill would clamp down on employee classification errors — and hike the fines as high as $10k.

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