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Taxpayer Responsibility, Accountability, and Consistency Act of 2008

Introduced: April 15, 2008 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 15, 2008
Referred to the House Committee on Ways and Means.
Apr 15, 2008
Introduced in House
 Plain-English summary Congressional Research Service

Taxpayer Responsibility, Accountability and Consistency Act of 2008 - Amends the Internal Revenue Code to: (1) require reporting to the Internal Revenue Service (IRS) of payments of $600 or more made to corporations; (2) set forth criteria and rules relating to the treatment of workers as employees or independent contractors; and (3) increase penalties for failure to file correct tax return information or comply with other information reporting requirements.

Requires the Secretary of the Treasury to issue an annual report on worker misclassification.

What's happening now April 15, 2008

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1