New tax audits underway

Battersby, Mark E.
September 2010
Ornamental & Miscellaneous Metal Fabricator;Sep/Oct2010, Vol. 51 Issue 5, p55
The article offers information on how to initiate a National Research Project (NRP) of the U.S. Internal Revenue Service. It states that NRP will randomly choose 2,000 small, large, and self-employed taxpayers from every geographic region, to evaluate their employment tax returns annually. Furthermore, the focus of examinations will include worker misclassification, fringe benefits, and officer/owner compensation.


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