The U.S. Department of Labor, Wage and Hour Division (“WHD”) recently expanded the reach of its worker misclassification initiative by entering into a Memorandum of Understanding (“MOU”) with the South Dakota Department of Labor and Regulation, Division of Labor and Management. The MOU was signed on May 24, 2016. This is the 30th MOU that the WHD has entered into… Read more →
A recent study found that 77% of independent contractors are very satisfied working as independent contractors. The Direct Selling Association sponsored the study titled, The Workforce of the Future, which was conducted by Bloomberg Government. Additional key findings from the study include: The number one reason study participants chose to become independent contractors was to be their own boss. 77%… Read more →
The Coalition submitted a statement for the record before the U.S. House of Representatives Committee on Small Business, regarding The Sharing Economy: A Taxing Experience for New Entrepreneurs, Part I. Download full text here.
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Representatives Committee on Small Business certain Members and witnesses expressed concern that current tax laws are outdated and burdensome to companies in the “sharing economy.”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 →
A bill was recently introduced in the Ohio legislature which would pose an existential threat to companies that do business with independent contractors. The bill, H.B. 568, would establish a new more stringent seven-part statutory test to determine a worker’s status for purposes of several state laws. H.B. 568 would amend the minimum wage, workers’ compensation, unemployment, and tax law… Read more →