There are many paths to entrepreneurship, and for some aspiring business owners, becoming an independent contractor is a natural first step. But what exactly is an independent contractor, and how do ...
Learn the pros and cons of hiring contractors vs. employees to determine which type of worker is the best for your business.
On January 9, 2024, the U.S. Department of Labor (“DOL”) published its final rule defining the term “independent contractor” and setting forth the new test for determining independent contractor / ...
On January 10, the U.S. Department of Labor (U.S. DOL) published its new final rule regarding the classification of independent contractors under the Fair Labor Standards Act (FLSA). The U.S. DOL ...
When you are an independent contractor, you are a business owner regardless of whether you have a formal entity or a business license. For purposes of the tax code, you are either a W-2 wage earner as ...
A new U.S. Department of Labor rule announced Jan. 9 adopts a multistep “economic factors” test for companies to follow to determine whether a worker should be classified as an independent contractor ...
An independent contractor, or freelance worker, is responsible for paying certain taxes because they are self-employed and no taxes were withheld from their pay. This includes self-employment taxes — ...
The Department of Labor on Wednesday, Jan. 10, will finalize a rule that rolls back a Trump-era rule offering guidance on determining employee or independent contractor classification under the Fair ...
Controversial new rules proposed by the New Jersey Department of Labor & Workforce Development pertaining to independent contractor classification has drawn strong pushback from the state’s business ...
It is illegal to knowingly classify an employee as an independent contractor in order to avoid Affirmative Action recruitment efforts, and/or to avoid payments such as employment taxes and fringe ...
Andrew M. Gordon, left, and Lauren Swanson, right, of Hinshaw & Culbertson. Courtesy photos Florida employers should familiarize themselves with the U.S. Department of Labor's (DOL) recently published ...