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Are you Classifying Your Workers Correctly?
The difference between an employee and an independent contractor hinges on one thing: control. And getting it wrong? That can lead to costly IRS penalties, back taxes, and legal headaches.
New York Employers Forcing New Challenges/Changes to Independent Contractor Arrangements
Big changes are coming to independent contractor arrangements with the implementation of New York's Freelance Isn't Free Act. Are you prepared? Starting May 20, 2024, this new law broadens the definition of "freelance worker" and imposes crucial obligations on employers hiring independent contractors. Whether you're a small startup or a large corporation, compliance is essential.
U.S. Department of Labor Unveils Final Rule on Determining Independent Contractor Status
Important Update! The U.S. Department of Labor has rolled out a Final Rule that changes how independent contractor status is determined. This new six-factor test will impact how businesses classify workers.
