Misclassification of W2 employees as 1099 subcontractors with seller

by an investor from Queen's University

1 month ago

Anyone know a lawyer or tax accountant who has dealt with this in an acquisition? Seller didn't pay the full amount in payroll taxes.. wondering how this liability transfers to the buyer

1 like
101 views
13 comments

searcher from McGill University

If this is a Ontario specific issue, you may also want to consider implications of WSIB costs if the "workers" are reclassified.

1 month ago | like reply | 0 likes

searcher from Cornell University

Find a CPA and a lawyer with asset-heavy trucking experience. They deal with this issue all the time. Thanks.

1 month ago | like reply | 1 like

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