Employee/contractor misclassification and fiscal cliff fears
Saturday, November 24, 2012
The official arrival on Black Friday of the holiday shopping season also means the official arrival of the holiday seasonal worker season. But worker misclassification can lead to tax and labor law violations and cost wrongly categorized workers tax money and benefits.
Sharing the seasonal spotlight this year is the fiscal cliff, that combination of expiring tax breaks and automatic spending cuts that will push America -- and us taxpayers -- over the fiancial edge on Jan. 1, 2013. And it's not just hyperventilating TV pundits raising alarms. Most Americans fear that the fiscal cliff will have a major effect on the U.S. economy.
You can always check out my other tax posts over at Bankrate Taxes Blog, usually each Tuesday and Thursday.
If you happen to miss the original posts, check here the following weekend for a summary.
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