Many businesses go on to make the mistake of misclassifying employees in order to bring down their tax burden. However, the IRS has got its own ways and system in finding out about any discrepancies in it and takes actions immediately in such cases. The IRS ensures to keep in track of one’s tax payment and takes required actions if there are some discrepancies in the tax payment. First of all, it is necessary to get to know the rules and regulations that comes along with paying taxes and also…
Read MoreKnow how to tackle misclassification of employees
