IRS Gives Employers a Break on Payrolls

http://online.wsj.com/article/SB10001424053111904563904576585172259465498.html

Businesses that have been improperly labeling their employees as independent contractors got a surprise break Wednesday: A new Internal Revenue Service program will allow those businesses to reclassify workers and make only a small payment to cover past payroll taxes.

The downside for such companies? Regulators say they are going to be more vigilant about misclassification of workers in the future.