1099 MISCLASSIFICATION: It's Time to Play by the Rules

See how employer payroll fraud costs
every taxpayer & honest employer.

Construction employers call their workers "independent contractors" to avoid taxes, insurance costs, and payroll deductions. They pay in lump sums and claim they will report workers' annual earnings on IRS Form 1099, "Miscellaneous Income." The 1099 scheme lets companies avoid normal payrolls, so they don't pay Social Security or Medicare, workers' comp or unemployment insurance, or overtime—all of which are required by law. These criminals illegally save 30% or more on labor costs—and win more contracts because they can underbid honest, law-abiding, tax-paying competitors.

Category:

News & Politics

Tags:

• 1099
• misclassification
• fraud
• corruption
• independent
• contractor
• income

[CarpenterGene]

I thought that was evident in the video. No need for the cussing as it adds nothing credible to the argument. But thanks.

[tazztt1]

The problem with these gov't thugs is that they think they have an ENTITLEMENT to what YOU earn! NO, they don't, except for a small portion that we recieve in roads schools fire and police protection, that's it... over the years, they've discovered how to MISAPPROPRATE FUNDS and funnel tax dollars to everything from art galleries to corp 'meetings' (VACATIONS)

STOP THE EMBEZELMENT NOW!

[xmenrus]

Government only knows how to spend more than they take in!

[Gmoneyluv4u]

IT'S NOT THE LAW EVERYTHING IS UNDER 'COLOR OF LAW' IT IS PRESUMED AND STATUTES AND CODES ARE PASSED TO SUPERCEDE 'LAWS' THAT HAVE ALREADY BEEN AMENDED REMANDATED PUT ON THE BOOKS BUT THEY REFUSE TO ABIDE BY THEM WHEN IT COMES TO GIVING PEOPLE THEIR RIGHTS@!!

[craigthinks]

Great Video, but it missed things. Don't like the USA? Try to change it or try to find a better country.

In the USA, a 1099 worker needs to work independently, usually a DBA filled with the local county as a business and state tax id. Millions of back taxes lost ripping the rest of us off. Lots of workers don't get unemployment, disability. Many are illegal immigrants work 1099, taking jobs (even at 9% unemployment) breaking lots of laws like not paying hospital bills, no Drivers license

[Spazzfrom1989]

Wow this is soooo...man fuck that shit! this is all crap. Criminals? for wanting to make money? and whats with 4:20-4:30?? He bitches about having no money in SS cuz he got cash. hmmm maybe he shoulda saved huh? all i see is a man who bitching trying to get some more money out of a corrupted system, and will turn his back on how he use to work simply cuz it will no give him more momey now. Nuh uh.. this is why we just should have minimal taxes and stay out of this crappy planning economy