The I.R.S. cares

Nora T. Akins

The Internal Revenue Service (IRS) cares about misclassification of employees as independent contractors and the Department of Labor (DOL) cares, too. These two agencies launched a massive “Misclassification Initiative” which created 100 new auditor jobs.

The U.S. Government Accountability Office estimated employer misclassification resulted in $2.72 billion in lost government revenue in 2006. The majority of the loss was attributed to failure to pay income tax, and the balance was failure to pay Social Security, Medicare and unemployment taxes.

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