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Construction contractors are retailers of machinery and equipment furnished in connection with the performance of a construction contract with the United States Government. Too, the undergraduate focus on accounting would allow a student to go the Certified Public Accountant (CPA) track. By filing a Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding, with the Internal Revenue Service, both employers and workers can ask the IRS to create a determination on whether a specific individual is an independent contractor or an employee. Even worse is the fact that the mind-set of an accountant is to witness "black and white" rather than the "gray" given that they are trained to be precise with numbers. Audits of individuals with incomes of $1 one million or more boosted from Seventeen,015 during fiscal year 2006 to Thirty-one,382 during fiscal year 2007, an amplify of 84 percent. Estate PlanningAnother reason to consult a tax attorney is for Estate Planning. rities has contacted you, your tax problem may be just beginning. Hampton tax accountant