Tags » I.R.S.

Is Your Business On Thin Ice When It Comes To Worker Classification?

It is estimated that more than 30% of business misclassify employees as independent contractors.  Are you one of them?  Misclassification often results from simply not understanding or not properly applying the tests for independent contractors.  1,706 more words

‘STAND AND DELIVER’: How Will America Respond This Time?

Read more at http://clashdaily.com/2014/07/stand-deliver-will-america-respond-time/#1rxzeZmOTCYzDrvo.99

 Written by Larry Usoff on July 28, 2014

Stand and deliver…those words have struck fear in many a heart, when highwaymen were as common as fleas on a dog.    812 more words


There Is No Place to Hide from IRS Scrutiny


Some people considering an IRS voluntary disclosure of their foreign income and assets don’t do so because they fear prosecution.

To read more, click on the link

Lance Wallach

Dont Give the IRS Every Last Drop

There have been some significant changes in the way the IRS targets businesses for audits and how it conducts them. The IRS is getting much smarter about how it chooses returns for audit and how its examiners conduct their audits. 14 more words

Lance Wallach

Some 419 Insurance Welfare Benefit Plans Continue To Get Accountants Into Trouble


Popular so-called “419 Insurance Welfare Benefit Plans”, sold by most insurance professionals, are getting accountants and their clients into more and more trouble.

To read more, click on the link

Lance Wallach

Captive Insurance Arrangements Are on the IRS Radar


Internal Revenue Service scrutiny of captive insurance arrangements is increasing, and much of it is aimed at small captives utilizing the 831(b) tax election, say many in the captive industry. 7 more words

Lance Wallach

Get Sued!


The IRS is cracking down on what it considers to be abusive 
tax shelters. Many of them are being marketed to small business
owners by insurance professionals, financial planners and even… 10 more words

Lance Wallach