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By signing the VCSP closing agreement am I admitting any liability or wrong doing for past periods

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Question:

By signing the VCSP closing agreement am I admitting any liability or wrong doing for past periods

Answer:

No, by signing the VCSP closing agreement, you are not admitting any liability or wrongdoing for past periods. The VCSP concerns future years only, and the IRS is not making any determination regarding prior years. You are not making any representation as to the workers' proper status for prior years for federal employment tax purposes.

Sources:
Instructions for Form 8952 (11/2023)
Publication 15-A (2024)
IRM Part 4. Examining Process. Chapter 23. Employment Tax. Section 20. Voluntary Classification Settlement Program (VCSP) Procedures
IRM Part 4. Examining Process. Chapter 23. Employment Tax. Section 25. Voluntary Closing Agreement Process - Employment Tax (VCAP - ET)

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