Tax Fraud days of Action 2021
Tax fraud is no accident. Cheating contractors use underhanded schemes to evade their obligations. They fail to deduct and pay employment-related federal and state taxes to the tune of $8.4 billion a year.
A growing number of construction contractors are tax cheats. They pay their employees off the books or wrongly classify them as independent contractors. It’s intentional. Many use labor brokers and operate in the dark shadows of the underground economy.
The tax funds that are lost could be used to provide pandemic relief, build schools, improve roads, fund police and fire departments, and help veterans.