Employment Tax Examinations: Rules, Risks, and Relief Options

In this episode, Jeffrey Glassman and Naveid Jahansouz explore the complexities of employment taxes, especially worker classification and IRS audits. They explain the difference between employees and independent contractors, highlighting the consequences of misclassification, and discuss practical strategies to avoid costly IRS reclassification. From proactive strategies, like voluntary settlement programs, to the nuances of Section 530 relief and what to expect if the IRS challenges your classification of works, Mr. Glassman and Mr. Jahansouz share profession perspectives to help companies understand the pros and cons of each type of worker. Whether you're a business owner, advisor, or practitioner, this episode offers practical insights to help navigate employment tax compliance and avoid costly missteps.