CA Study Rejects IC Witholding

California Franchise Tax Board publishes January 1, 2005, study rejecting proposal to impose withholding of California income taxes on payments made to independent contractors. Download full text here.

GAO – Recommendations for Defense Government Contractors

U.S. General Accounting Office provides recommendations for addressing the tax gap associated with defense government contractors, Financial Management, Some DOD Contractors Abuse the Federal Tax System with Little Consequence, GAO-04-95 .