NEW TAX LAW THREATENS HIGH-TECH CONSULTANTS - NYTimes.com

NEW TAX LAW THREATENS HIGH-TECH CONSULTANTS - NYTimes.com: "Companies whose consultants were considered independents had a competitive edge because they did not have to pay employee taxes on them. The consultant himself had tax breaks: he did not have payroll taxes taken out of his paychecks; he could invest part of his income in private pension funds that would be not be taxed for several years, and he could deduct a home office and other expenses that an employee could not."