During February 2010, the Internal Revenue Service (“IRS”) began its first Employment Tax National Research Project in 25 years. As part of the project, the IRS will randomly select a total of 6,000 taxpayers (2,000 taxpayers in 2010, 2,000 taxpayers in 2011, and 2,000 taxpayers in 2012) for comprehensive audits of those taxpayers’ compliance with employment tax law and related reporting requirements. More information about the project can be found on the IRS’ website.
For more information on the Employment Tax National Research Project or Federal income taxes, please contact Theodore F. Claypoole at 610-692-1371 or tclaypoole@utbf.com.
Corporation General Taxation employment tax law reporting requirements Employment Tax National Research Project Federal Income Tax Internal Revenue Service IRS taxpayer audit Theodore F. Claypoole
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