Perspectives from Pillsbury's Executive Compensation and Benefits Practice: IRS National Research Program

Perspectives offers analysis by Pillsbury attorneys on trends, articles, and advisories relating to U.S. and international compensation, employee benefit and employment matters. In this issue of Perspectives, we focus on the IRS National Research Program in which the IRS announced its plan to audit 6,000 companies over a three-year period, beginning in 2010. These audits will focus on worker classifications, employment tax liabilities, fringe benefit issues and deferred compensation. With our tax and employment lawyers we have formed a task force to advise our clients on these issues and state law worker classification issues. Many of these topics have been or will be addressed in Client Alerts, Advisories, webinars and client briefings. We welcome your input and suggestions and look forward to bringing you up-to-date and timely pieces in our future issues of Perspectives.