New IRS Rules Nix Tax Break For Firing/Rehiring Your Associate As Independent Contractor
Congress added a new tax break for dental practice owners, but not employees. We urged doctors to resist advice to fire their associates and then re-hire them as independent contractors to qualify for this new tax break. Recently issued IRS regulations confirm our recommendation, but leave open another strategy to achieve the same result.
Late last year, Congress passed the new tax law including...
Log in to view full articleBack
The McGill Advisory is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If legal or accounting advice or other expert assistance is required, the services of a competent professional should be sought.
Copyright © 2018 John K. McGill & Company, Inc. All Rights Reserved.