Posts Tagged ‘Internal Revenue Service’

10 Arguments Against Paying Taxes (that will not work)

In honor of Tax Day, here is a list of 10 arguments against paying taxes from one of my favorite sites, Mental Floss. See the article for more information and entertainment.

 

Corporate Annual Meetings Are More Important Than Ever

All corporations (C-corporations and S-corporations) are required by North Carolina law to hold annual meetings of Shareholders and Directors. While corporations are always at risk for not holding these meetings in the event of an Internal Revenue Service audit or civil lawsuit, this year the IRS is focusing on small- and medium-sized businesses to audit [...]

 

2010: The Year of the Employee and $7 Billion in Additional Payroll Taxes?

2010 may well be the year of the employee. Both the IRS and the Department of Labor are adding investigators to find “misclassified” employees. For many years, employers have relied on independent contractors as a means of controlling payroll and benefits costs, as well as reducing the costs of recruiting and training new workers. The [...]

 

Make Sure Your Contractors are Not Employees

During the past 4-5 years, many of my clients have been laid off from their corporate jobs, only to be re-hired as independent contractors, consultants or free-lancers. This is cost-effective for the company, which is no longer paying benefits and employment taxes on the employee. But companies need to be careful when hiring contractors and [...]

 

The IRS Will Never Email You

In my spam filter this morning were three emails from “service@irs-usa.com” with the subject “Notice From the Department of Treasury.” They were all viruses. Please note first that all emails from the federal government will almost always use .gov and not .com as the top-level domain name. In addition, the Internal Revenue Service will NEVER [...]