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Thursday, February 28, 2013

IRS Allows Greater Flexibility in Voluntary Worker Reclassification Program

The Internal Revenue Service said Thursday it was expanding its Voluntary Classification Settlement Program to enable more businesses to reclassify their workers as employees, as opposed to independent contractors, for future tax periods, offering them relief from their past payroll tax obligations.

http://www.accountingtoday.com/news/IRS-Allows-Greater-Flexibility-Voluntary-Worker-Reclassification-Program-65867-1.html?CMP=OTC-RSS

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