IRS Reminds Businesses to Classify Workers Correctly

• Posted by Geoffrey G. Gussis on June 23rd, 2006


• Filed in Tax & Benefits

BenefitsBlog points to a new IRS fact sheet that can help you classify workers as independent contractors or employees - a determination that can impact benefits and intellectual property issues:

"I have written a lot here at Benefitsblog about how improper classification of workers as independent contractors/employees can sometimes wreak havoc with benefit plans. The IRS has issued a fact sheet - FS-2006-21 entitled "IRS Reminds Businesses to Classify Workers Correctly which provides helpful links and tips for those seeking to educate themselves on classifying workers properly."

Link: Benefitsblog: IRS Reminds Businesses to Classify Workers Correctly.