Wednesday, September 21, 2011

IRS Announcement 2011-64

Announcement 2011-64 provides notice and details regarding a new Internal Revenue Service Voluntary Classification Settlement program that provides partial relief from federal employment taxes for eligible taxpayers that agree to prospectively treat workers as employees.

Announcement 2011-64 will be published in Internal Revenue Bulletin 2011-41, dated Oct. 11, 2011.

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