IRS Voluntary Classification Settlement Program — Temporary Eligibility Expansion

Child care providers who have treated their workers as independent contractors instead of employees need to make changes immediately.  The IRS has announced an expansion to their Voluntary Classification Settlement Program that enables providers to reclassify their workers, and avoid stiff penalties and fines.  This Temporary Eligibility Expansion is effective through June 30, 2013.  For more information and details, please visit our Child Care Tax Specialists blog.