Misclassifying Employees Seen as Possible New Revenue Stream. (cover story)

UNITED States. Internal Revenue Service ; UNITED States. Government Accountability Office

The article focuses on the importance of classifying employees correctly to prevent the violation of Section 530 of the Revenue Act of 1978 in the U.S. It has been cited that the misclassification of employees has been recommended by the Government Accountability Office (GAO) as violation of Fair Labor Standards Act. This suggests that workers should be classified correctly and to ensure that all forms are filed to prepare for any audit from the Internal Revenue Service (IRS).