A small business owner, with three 1099 “employees”, told me last week that the moment the IRS objects he’s laying all three off. He can’t afford the paperwork required to have regular employees. The unemployment rate is about to go even higher.
My son is being chased by these IRS thugs. His accountant tried to electronically file for October 15th, 2009 but the IRS computres continued to deny the app because their tax ID codes didn’t match the returns. He had to mail it in and had all the necessary ppw with it. Dec 2009th he is assessed a $1000 penalty and interest. His accountant refiles and by Macrh 2010 he is denied again. His appeal was filed by April and he is still waiting.
The IRS staff doesn’t do their job the first time, nor the second time, waiting on strike three.
Broken beyond repair.
We are near a point that if the State or the IRS try to reclassify our Contract Installers as Hourly employees we are just going to close and declare bankruptcy. We are slowly divesting the Corp of its assets as we wind down the business anyhow. But I will be damned if I will submit to the strong arm tactics of the looters so they can fill their coffers with more of our money (as well as the money of our Contractors).
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