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The Studio Business Book: A Guide to Professional Recording Studio Business and Management, Third Edition by Jim Mandell, Mitch Gallagher

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Independent Contractors

In 1993, the IRS set up one of its infamous audit task forces to check out the entertainment industry in Hollywood. Their mission was to concentrate on the broad use of independent contractors on movie sets and related studios. A whole team of auditors was schooled in the practices of the industry and then unleashed on a wide variety of studio businesses.

The results weren’t pretty. The auditors had the power to go back seven years if they chose to, and to pick as many as all seven for intense scrutiny. Their goal was to pull out the taxes due on people who commonly hired themselves out as independent contractors, prove that they were in fact employees, using a set of federal guidelines, and then tax the employer for all ...

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