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This page contains a single entry by Associate Editor published on November 21, 2011 1:59 PM.

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IRS To Post FAQs Regarding Voluntary Classification Settlement Program

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On November 17, Janine Cook, deputy division counsel/associate chief counsel, IRS Tax-Exempt and Government Entities Division, stated that the IRS has considered possible answers to questions regarding the Voluntary Classification Settlement Program, which enables employers to resolve past worker classification issues and achieve certainty under the tax law at a low cost by voluntarily reclassifying their workers. Cook stated the answers will be posted on the IRS's website.

See  David van den Berg, "More FAQS on Worker Classification Settlement Program Likely," 2011 TNT 224-2 (Nov. 21, 2011).

Posted by Brian Spring, Associate Editor, Wealth Strategies Journal.

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