An employer is required to withhold income, Social Security and Medicare tax from their employee’s pay. They also pay half of the employee’s Social Security and Medicare taxes. At the end of the year, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Department of Labor proposed ...
Effective on March 11, 2024, the definition of independent contractor will change for purposes of entitlement to overtime and payment of employment taxes. This new Regulation replaces the Trump ...
Engaging independent contractors has many benefits for companies, but misclassifying these employees can pose significant financial risk. Companies and their counsel should stay up to date on the ...
The Labor Department's new Independent Contractor Rule went into effect Monday, threatening gig workers' independent status and the freedom and flexibility such workers have come to expect. The new ...
Independent contractors have more tax leg work to do than salaried workers who receive pay from just one source. It is paramount you keep accurate records of your pay and expenses so you don’t run ...