Federal News

House Small Business Committee Hearing Considers Taxes and the Sharing Economy

At a recent hearing before the U.S. House of Representatives Committee on Small Business certain Members and witnesses expressed concern that current tax laws are outdated and burdensome to companies in the “sharing economy.” The hearing, titled, “The Sharing Economy: A Taxing Experience for New Entrepreneurs, Part I” was held on May 24, 2016. Committee Chairman Steve Chabot (R-OH) observed… Read more →

NLRB Contends Worker Misclassification is a Violation of the NLRA

The National Labor Relations Board (“NLRB”) appears to be creating a new source of regulatory risk to companies doing business with independent contractors. On April 18, 2016, the Regional Director of the NLRB’s Los Angeles office issued a Complaint against a transportation company alleging, among other things, that it is an unfair labor practice in violation of the National Labor… Read more →

Wage Theft Prevention and Wage Recovery Act, H.R. 4763 and S. 2697

Companies doing business with independent contractors would be exposed to heightened civil and criminal sanctions if determined to be the employer of such contractors under the Wage Theft Prevention and Wage Recovery Act, introduced in the U.S. House of Representatives by Representative Rosa L. DeLauro (D-Conn), H.R. 4763, and in the U.S. Senate by Senator Patty Murray (D-Wash), S. 2697…. Read more →

President Obama’s FY 2017 Budget Proposal

On February 9, 2016, President Obama released his Administration’s budget proposal for Fiscal Year 2017. The following identifies the provisions that we believe are most relevant to companies that do business with independent contractors. The proposal descriptions are taken verbatim from the budget proposal. Any commentary is reflected in underlined italics.  1.  Internal Revenue Service Repeal Section 530 Improve Compliance… Read more →