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FedEx Freight lawsuit?
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<blockquote data-quote="bacha29" data-source="post: 1936643" data-attributes="member: 58386"><p>In keeping with what dvalleyjim said. It is very important that the person hired to represent the contractor in these matters is also an enrolled agent better known as a " Treasury Card" holder. The person who has a treasury card is empowered to practice directly in front of the IRS. Since we all know that Fedex is not going to handle this matter in a way that will minimize the tax burden for the contractor. In any event the task before the contractor and their tax rep is to gather as much evidence as possible in order to prove to the best extent possible that the largest possible portion of the settlement was simply a reimbursement of taxes that should have been paid by X rather than the contractor and that this practice had been occuring in error for nearly a decade as the courts have ruled because the contractor was wrongly classified as an independent contractor. So get ready for a fight now because it might just save you thousands in taxes you should not have to pay.</p></blockquote><p></p>
[QUOTE="bacha29, post: 1936643, member: 58386"] In keeping with what dvalleyjim said. It is very important that the person hired to represent the contractor in these matters is also an enrolled agent better known as a " Treasury Card" holder. The person who has a treasury card is empowered to practice directly in front of the IRS. Since we all know that Fedex is not going to handle this matter in a way that will minimize the tax burden for the contractor. In any event the task before the contractor and their tax rep is to gather as much evidence as possible in order to prove to the best extent possible that the largest possible portion of the settlement was simply a reimbursement of taxes that should have been paid by X rather than the contractor and that this practice had been occuring in error for nearly a decade as the courts have ruled because the contractor was wrongly classified as an independent contractor. So get ready for a fight now because it might just save you thousands in taxes you should not have to pay. [/QUOTE]
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