Quote:
Originally Posted by EdgeXXX
No, from what I understand Section 1706 is more like a "double jeopardy" indemnification tax clause where the taxes of the contractor are paid by the contractor and AGAIN by the company that hired them (along with a ton of hoops and loopholes). Thus making companies hesitant in hiring contractors.
http://answers.google.com/answers/th...id/784959.html |
Ahh, ok. Like I said I only skimmed the thing, trying to get the jist of it.
The entire US Tax laws have always confused the shit out of me, but that what my accountant is for
I do recall that their is
supposedly some verbiage on one or more of the tax forms that says something along the lines of "I voluntarily pay......" I'm no scholar but if it is indeed voluntary why ruin lives if people don't voluntarily pay
-Loki-
-Loki-