The Coalition submitted comments in response to proposed regulations, published by the Internal Revenue Service, that address section 199A of the Internal Revenue Code of 1986 (the “Code”).
Washington, D.C., June 25, 2018 – On this day 80 years ago, the Fair Labor Standards Act (“FLSA”) was signed into law by President Franklin D. Roosevelt.
Washington, D.C., June 7, 2018 – Data released today by the U.S. Department of Labor, Bureau of Labor Statistics (“BLS”), in its report titled CONTINGENT AND ALTERNATIVE EMPLOYMENT ARRANGEMENTS — MAY 2017, confirm that independent contractors “overwhelmingly prefer their work arrangement (79 percent) to traditional jobs.”
In an April 3, 2018, Press Release issued by the Wisconsin Department of Workforce Development, Secretary Ray Allen announced that “due to the department’s efforts to combat the misclassification of workers in Wisconsin …, the state netted $1.4 million in unpaid Unemployment Insurance (UI) taxes, interest and associated penalties.” The Press Release goes on to state that “Employers who misclassify workers as independent contractors unfairly avoid UI tax and other tax obligations.”
The Harmonization of Coverage Act, H.R. 3825, would bring much needed clarity to the definition of the term “employee,” and increase opportunities for independent entrepreneurs.