These myths may give employers an unwarranted sense of security, and they can have costly consequences. August 26, 2013 By Jim Button, CPA/CITP Employers face an important decision in classifying their workers for tax treatment. Workers can be … [Read more...]
IRS Letter Targets Small Business Owners
Letters question income under-reporting The IRS recently sent letters to approximately 20,000 small business taxpayers claiming that the businesses might be under-reporting their gross receipts. The letters are based on credit card payments reported … [Read more...]