It’s estimated that one in five contractors are guilty of committing federal tax fraud. What does this mean for you? It means that you, your family, our communities, co-workers and law-abiding contractors are being ripped off!
Tax fraud isn’t an accident. It’s a deliberate and vicious act that has unfortunately become a major epidemic within the construction industry. No matter the fraud, whether it’s failing to properly deduct and pay taxes, ignoring insurance premiums, failing to pay overtime, or paying workers under the table, it costs good contractors, and the carpenters like you they employ, work.
The United Brotherhood of Carpenters and Joiners of America (UBC) says enough is enough—which is why we’re taking action. Join your Regional Council April 13-15 and take part in Construction Industry Tax Fraud Days of Action.
Across the United States and Canada, members of UBC Regional Councils will stand up, speak out and take action to make their voices heard and help put an end to tax fraud.
Every year billions of dollars in revenue are lost due to construction industry tax fraud. In fact, the numbers are so alarming that everyday taxpayers in the U.S. experience a financial loss of over $80 per second. In Canada the residential construction industry tops the list of offenders, accounting for $13.7 billion of the underground economy. This has to stop!
To learn more about how you can become involved in Construction Industry Tax Fraud Days of Action events, please visit http://standinguptotaxfraud.net.