Submitted by dotphrasealpha t3_10pdo3v in personalfinance
Its-a-write-off t1_j6jt820 wrote
The IRS audit isn't the highest risk actually. Unemployment claims in the biggest one, followed by workers comp, and then wage board claims. Then after that it's when the employee realizes they can get more tax credits, disability, social security by properly reporting the income. They file and report the income, which involves a form turning in the employer. There is no statute of limitations on this.
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