Tag Archives: Form 1099

U.S. Labor Department and IRS Sign Pacts to Coordinate Their Crack Downs on Independent Contractor Misclassification

On September 19, 2011, Secretary of Labor Hilda Solis and IRS Commissioner Doug Shulman signed a Memorandum of Understanding to coordinate both agencies’ law enforcement efforts aimed at businesses that misclassify employees as independent contractors.  At a ceremony held at … Continue reading

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IRS’s New Voluntary Classification Program Adds Another Means to Minimize Independent Contractor Misclassification Liability

The IRS yesterday announced a new program to permit taxpayers to voluntarily reclassify independent contractors as employees for federal employment tax purposes. The program, called the “Voluntary Classification Settlement Program” (VCSP), would allow businesses to voluntarily reclassify workers who currently receive 1099s from … Continue reading

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Repeal of Expanded Form 1099; Congressional Appropriation for Worker Misclassification

After much fanfare on the topic of Form 1099 reporting, Congress voted and on April 14 the president signed into law a bill repealing the expansion of the Form 1099 reporting requirements.  Originally passed as part of the Patient Protection … Continue reading

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