Tax Resolution Expert, Attorney Lance Drury Tells Companies How to Get The Attention of Six Government Agencies
St Genevieve, MO, September 22, 2014: Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of “Successonomics” posted a new article on the LANCE DRURY LAW website entitled “Employee or Independent Contractor? One Mistake Could Draw Six Government Agencies Gunning for Your Business.” While businesses strive to be in the spotlight, they do not want to be under the glaring lights of six government agencies.
According to Lance Drury, misclassifying a regular employee as an independent contractor is a sure way to get lots of unwanted attention. Drury advises business owners to “Remember that it is in the government’s best interest to have workers classified as employees. Taxes are withheld by the employer and it is not as easy for employees to under report or hide income.” Making the determination can be confusing because, as Drury states, “Each government agency has its own list of rules to determine whether a worker qualifies as an independent contractor.”
From the IRS to the U.S. Department of Labor, from each individual state’s unemployment compensation boards to the state’s workers compensation board, there can be slight distinctions that could compel companies to give in to temptation. Drury makes it clear businesses are not alone saying, “The savings in payroll taxes and benefits can be very tempting. No one is immune to trying to get away with misclassifying workers. Both, small businesses and large corporations, attempt to reap the rewards.”
As agencies go, it appears the one to be most wary of is the State Tax Department. Drury elaborates, “Many independent contractor audits begin with a state tax agency and state tax agencies are often more aggressive about independent contractor audits than the IRS.”
The entire article can be found at http://www.lancedrurylaw.com/employee-independent-contractor-one-mistake-draw-six-government-agencies-gunning-business/.
About Lance Drury
Tax Attorney Lance Drury, founder of the Law Firm of Lance R. Drury, has been practicing law since 1984 and began representing individuals and businesses in disputes with the Internal Revenue Service in 2006. With offices located in Ste. Genevieve and Columbia, Missouri, Drury has positioned himself as a leading attorney in the state for IRS tax resolution issues. He is able to evaluate the unique situation of clients and provide them with honest answers and a specific plan to best resolve their tax problems
About The Lance Drury Law Firm
Since 2006, the Law Firm of Lance R. Drury has been representing individuals and businesses in disputes with the Internal Revenue Service and State of Missouri Tax Commission. With offices located in Ste. Genevieve and Columbia, Missouri, we’re proud to be your local choice for Missouri tax services.
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