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Follow on Google News | New Article: How To Avoid the Independent Contractor TrapThere's a way out for small businesses that mistakenly classify employees as independent contractors, according to the Bradford Tax Institute.
By: Bradford Tax Institute However, there is a way out for small businesses that make this common mistake: The IRS Voluntary Classification Settlement Program (VCSP) can save taxpayers a lot of money. The Bradford Tax Institute (http://bradfordtaxinstitute.com/ - The details of the IRS’s merciful deal. Under the VCSP, employers reclassify their independent contractors as employees for future tax periods. Then Uncle Sam will forgive a big chunk of the past-due federal employment taxes. - How to qualify for the VCSP, including the three required steps to keeping the IRS happy. - Five ways the VCSP can prevent stiff penalties and enable small business owners to reap enormous savings. - And more! Click here (http://bradfordtaxinstitute.com/ W. Murray Bradford, CPA, is the nation's pre-eminent tax reduction expert, with more than 30 years' experience helping tax advisors, one-owner businesses, and husband-and- End
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