Employee or Contractor? You (Don’t) Make the Call – IRS Does Editor’s Note: Several appraisers in California recently reported that the Employment Development Department (tax collectors) in their area is targeting appraisal offices looking for independent contractors where, in their judgment, “employees” should be. And theirs is the only opinion that counts. The consequences are…
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According to appraiser David Smith, AMCs just need to be told to do their job.
“When an AMC receives a request from a lender for more information, BANG, it is immediately forwarded to the appraiser for correction without the AMC reviewing the legitimacy of the lender’s request,” says Smith (not his real name). “I often wonder…
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