• A recent IRS study revealed massive noncompliance by employers with payroll tax procedures. Of those employers selected for examination, 92% were not in compliance with federal withholding and tax deposit requirements. Another common error is the misclassification of employees as self-employed persons. The IRS plans to improve compliance by expanding its efforts to educate small to medium size employers.
© Copyright 1988, 1998 by Church Law & Tax Report. All rights reserved. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is provided with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. Church Law & Tax Report, PO Box 1098, Matthews, NC 28106. Reference Code: m22 m71 c0488