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IRS VCSP – Voluntary Classification Settlement Program

March 14, 2024

IRS VCSP The IRS's Voluntary Classification Settlement Program (VCSP) offers businesses the chance to voluntarily reclassify workers as employees for future tax periods, providing relief from past employment tax obligations under certain conditions.
Businesses must meet specific eligibility criteria, including consistent treatment of workers as independent contractors and compliance with filing requirements.
This program [...] The post IRS VCSP – Voluntary Classification Settlement Program appeared first on Charles String Insurance.

Profile last updated on October 7th, 2024