New Worker Classification Voluntary Disclosure “Voluntary Classification Settlement Program (VCSP)”

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New Worker Classification Voluntary Disclosure “Voluntary Classification Settlement Program (VCSP)”

A very interesting article about a new voluntary disclosure initiative for companies who have misclassified workers. It is titled Voluntary Classification Settlement Program (VCSP). The program offers reduced penalties for companies who meet certain eligibility requirements.

http://www.forbes.com/sites/irswatch/2011/09/29/new-irs-worker-reclassification-program/

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