The IRS is unveiling a new initiative, the Voluntary Classification Settlement Program (VCSP). It will allow small businesses to properly reclassify their workers as employees while paying minimal back taxes and avoiding interest and penalties altogether. If you are eligible to enter into the program, you can limit federal employment tax liability for the past nonemployee treatment, in addition to other benefits.

Employment classification audits can be expensive and costly. Find out if you are eligible for the program. Contact the professionals at MRW Consulting Group^® and ask for a free consultation and guidance through the VCSP process.