IRS targets doctors in probe of independent contractors

The Internal Revenue Service (IRS) has developed new guidelines for determining status as an independent contractor. In general, if an organization has significant control over a worker's performance, that worker is considered an employee. Physicians with contracts that include non-competition clauses are classified as employees. Physicians reclassified as employees would be entitled to a refund of Social Security taxes, but would lose business deductions and the right to contribute to a Keogh plan.
The IRS is taking a closer look at independent contractors. Despite what you may have agreed to, the IRS may find you or people who work for you to be [...]