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Penalties/time length for audit??

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pfcs2

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Hello loku - I have taken your advice and made an appt. with our CPA...thanks....another question for you - just curious - how far back can the IRS go to audit a business and any site I can check or do you know what kind of 'penalties' ($$) the IRS can impose if decided workers are employees instead of contractors. Again, we currently have no IRS problems but just want to be legal and take care of this situation before something could happen....... thank you for your help and advice...... :)
 



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