U.S. Congress - H.R.5804 Taxpayer Responsibility, Accountability, and Consistency Act of 2008
H.R.5804 - Taxpayer Responsibility, Accountability, and Consistency Act of 2008
To amend the Internal Revenue Code of 1986 to modify the rules relating to the treatment of individuals as independent contractors or employees, and for other purposes. view all titles (2)
All Bill Titles
- Short: Taxpayer Responsibility, Accountability, and Consistency Act of 2008 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to modify the rules relating to the treatment of individuals as independent contractors or employees, and for other purposes. as introduced.
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Official Summary
4/15/2008--Introduced.Taxpayer Responsibility, Accountability and Consistency Act of 2008 - Amends the Internal Revenue Code to: (1) require reporting to the Internal Revenue Service (IRS) of payments of $600 or more made to corporations; (2) set forth criteria and rules relating to the trOfficial Summary
4/15/2008--Introduced.Taxpayer Responsibility, Accountability and Consistency Act of 2008 - Amends the Internal Revenue Code to:
(1) require reporting to the Internal Revenue Service (IRS) of payments of $600 or more made to corporations;
(2) set forth criteria and rules relating to the treatment of workers as employees or independent contractors; and
(3) increase penalties for failure to file correct tax return information or comply with other information reporting requirements.
Requires the Secretary of the Treasury to issue an annual report on worker misclassification.
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