Few events inspire more dread than an IRS tax audit. Even if you're confident you've accounted for every cent of income and only taken legitimate deductions, it's hard not to worry what a close examination of your tax returns might uncover.
If the memory of hours spent hunting for and organizing paperwork for tax season is still fresh in your mind, maybe it's time to do some financial spring cleaning so preparing next year's taxes won't be such an ordeal.
.before you decide to convert all of your employees to independent contractors, you need to know the difference as defined by federal and state law. The IRS is gunning for businesses that mischaracterize employee.