Which statement regarding the Voluntary Worker Classification Settlement Program is accurate?

The IRS shares the VCSP participant's information with the DOL.

Participation in the VCSP protects an employer from a worker classification audit for prior years.

Under VCSP$,$ the employer must pay $10\%$ of the tax liability for compensation paid for the prior three years.

The application for VCSP must be filed at least $90$ days prior to the date the employer wants to begin treating workers as employees.