Question: “How should employment verifications be handled when an employee is
applying for credit, as well as those in which a debt collection agency
is tracking down an individual? Can the verification be made over the
phone or should it be requested in writing?” — Margaret Williams
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Thousands of employers have been snared in the IRS's all-out initiative to increase employment-tax audits—its first such initiative in 25 years. A main target: the tax treatment and reporting of employee fringe benefits....Click here to find out more.