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<blockquote data-quote="bacha29" data-source="post: 1838797" data-attributes="member: 58386"><p>Mr. IWBF. As for auditing your private payroll records. Can you identify for me the specific rule of law that grants x a publicly traded company the unincumbered right to audit the payroll records of a private corporation that simply performs tasks under contract to X? When I was audited I asked the same question. They could not answer that question . Moreover there are no defined limits as to how far and how deeply they can dig into your private affairs. Those payroll records are a matter for you , your employees, the I.R.S. the departments of labor and revenue in the state in which you live. . As long as your records and payment history are to the satisfaction of those agencys, that's all that matters. As I said before what little a contractor has control over is petty and inconsequential compared to the scheme of things . Here is the good part. Ask yourself just what is X looking for with regard to your operating results and how your paying your guys? It's stareing you right in the face. They want to see how much downward pressure they can put on settlements without raising the risk of a wholesale contractor capitulation. There is simply no other reason for them to be invlved in the matter</p></blockquote><p></p>
[QUOTE="bacha29, post: 1838797, member: 58386"] Mr. IWBF. As for auditing your private payroll records. Can you identify for me the specific rule of law that grants x a publicly traded company the unincumbered right to audit the payroll records of a private corporation that simply performs tasks under contract to X? When I was audited I asked the same question. They could not answer that question . Moreover there are no defined limits as to how far and how deeply they can dig into your private affairs. Those payroll records are a matter for you , your employees, the I.R.S. the departments of labor and revenue in the state in which you live. . As long as your records and payment history are to the satisfaction of those agencys, that's all that matters. As I said before what little a contractor has control over is petty and inconsequential compared to the scheme of things . Here is the good part. Ask yourself just what is X looking for with regard to your operating results and how your paying your guys? It's stareing you right in the face. They want to see how much downward pressure they can put on settlements without raising the risk of a wholesale contractor capitulation. There is simply no other reason for them to be invlved in the matter [/QUOTE]
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