Enacted in 1978, §530 is a safe harbor law that lists several conditions which if met allows workers to be treated as independent contractors rather than employees. Joe Stack was compelled to burn his house down murder with his wife and children in it and fly his plane into the side of a federal building because 24 years ago Congress [...]
Tags: Absurd Tax Protester Arguments · Employer Issues
Tax lawyers Robert Wood and Christopher Krachale write in Home Workers: Employee Status Hidden in Plain Sight: There are many tests for determining who is an employee and who is not. Yet much of it comes down to the common law right to control, in which rules of agency are used to determine employee status. [...]
Tags: Employer Issues
Senator Robert Casey, Jr. (D-PA) asked the Congressional Budget Office (CBO) for its input on ways increase employment by reducing payroll taxes. Here’s part of the CBO’s response: This letter responds to questions you posed about policy options to increase employment by reducing employers’ payroll taxes for firms that increase their payroll. CBO anticipated that firms would respond to a [...]
Tags: Employer Issues · News · Tax Policy · The Economy
The Sun-Herald.com reports that Greatland, one of the country’s leading providers of W-2 and 1099 products for business, has released its top W-2 and 1099 filing “pitfalls” to watch out for this tax season: Paper filing While many businesses are electing to e-file their W-2 and 1099 forms with the Social Security Administration (SSA) and / [...]
Tags: Employer Issues · Payroll Taxes · Tax Tips
Tim Geithner is Barrack Obama’s Treasury Secretary-Elect and as such, if his appointment is confirmed, will oversee the Internal Revenue Service. But, according to the Associated Press, Mr. Geithner either intentionally disregards the tax laws or, perhaps even worse, doesn’t understand them: The disclosure Tuesday that [Obama's] choice for treasury secretary, New York Federal Reserve chief Timothy Geithner, [...]
Tags: Employer Issues · Payroll Taxes · Tax Crimes
One of most frequent problems we see is the small business that is several quarters behind in paying its payroll taxes. There are many contributing factors to this, but usually we find that the business has had difficulty paying its landlord, suppliers and vendors and, to avoid an eviction or lawsuit, it makes the fateful (and often [...]
Tags: Employer Issues · IRS Liens and Levies · IRS Penalties · Payroll Taxes · Top Ten Lists
The Tax-O-Sphere is percolating with some more juicy tax news about Sarah Palin. It was revealed recently that the Republican National Committee spent $150k on giving Mrs. Palin a makeover that included new clothes, hair styling and makeup. Kay Bell of Don’t Mess with Taxes describes the issues well in Palin’s Duds. Uniform? Loan? Donation? and posited the [...]
Tags: Campaign 2008 · Deductible Expenses · Employer Issues · Gross Income · Individual Taxation
