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The IRS vs. the Independent Contractor
Andrew E. Schultz Link to more items from this source
Mar. 10, 2000
"The IRS is not convinced that independent contractors are paying their fair share of taxes. In fact, the General Accounting Office has estimated that unpaid taxes by the self-employed account for a $20 billion annual tax loss to the U.S. Government. Not surprisingly, the IRS -- as well as state taxing agencies -- have allocated significant resources in an attempt to recover this pot of gold. Recent studies indicate that close to half of the nine million individuals currently working as independent contractors are misclassified; in the eyes of the law, they're actually 'employees.'"

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