The following are lightly edited excerpts from the Administration’s Fiscal Year 2016 Budget Proposals that describe the provisions we believe would be of interest to independent entrepreneurs and their clients. I. Internal Revenue Service A. Increase certainty with respect to worker classification – Section 530 Repeal The Administration proposes: to permit the IRS to issue generally applicable guidance about the… Read more →
During a November 12, 2013, hearing before the Employment and Workplace Safety Subcommittee of the Senate Committee on Health, Education, Labor and Pensions, titled Payroll Fraud: Targeting Bad Actors Hurting Workers and Businesses, Senator Bob Casey (D-Pa) announced his introduction that day of the Payroll Fraud Prevention Act of 2013, which is expected to be similar to a similarly named bill, S…. Read more →
The Fair Playing Field Act of 2012, S. 2145 and H.R. 4123, was introduced on March 1, 2012, by Senator John Kerry (D-Mass) and Representative Jim McDermott (D-Wash), respectively. This 2012 bill is the same as the Fair Playing Field Act of 2010, S. 3786 and H.R. 6128, which Senator Kerry and Representative McDermott introduced on September 15, 2010, with one exception. The one… Read more →
The Obama Administration’s 2012 budget proposals would continue the pressure on companies that do business with independent contractors. Download and read our exclusive report (in PDF format) by clicking here.
“Self-employment continues to be an important source of jobs in the United States, according to Steven F. Hipple, an economist with the Bureau of Labor Statistics (“BLS”). In an article he published in the September 2010 issue of the Monthly Labor Review, titled “Self-employment in the United States,” Hipple explains that BLS data indicate that in 2009 there were 15.3 million… Read more →