Get Ready for Tougher W2 vs. 1099 Enforcement
SANTA ANA, CA — Take1 Insurance, part of U.S. Risk Insurance Group, issued a press release recently that warned of fines that might be assessed to companies that aren’t careful about properly classifying employees for tax purposes. In its release, the company noted that dwindling government budgets are likely to drive the push toward stricter tax law enforcement. The full press release follows.
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