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scarednomore

10/05/05 5:48 PM

#4681 RE: d4diddy #4676

goes a lot deeper than that diddy,

Besides WC, the company can save on matching 7.65% company matching FICA along with federal and state unemployment taxes. Also, do not have to offer health insurance, if they have it, overtime or vacation. Usually about the only way a company will get caught is through and IRS audit. If a company is stupid enough not to send a 1099 if payments are over $600.00 and the payee does not claim the income, again, only an IRS audit would catch that.