Self-Employed

What if There Were a New Type of Worker? Dependent Contractor

Wall Street Journal

From the Wall Street Journal, with a hat tip to Sherry Griffin for posting it on Scoop.it!, Lauren Weber discusses the possibility of creating a “dependent contractor” classification for workers who find their assignments on-line or through their phone apps.  She reports that some legal scholars support the concept.  She writes: ““Some people are clearly…

New Intuit software crunches numbers for self-employed workers

quickbooks self employed

From SFGate — Carolyn Said writes about a new offering from Intuit called  that was developed to help freelancers, sole proprietors and independent contractors keep track of their expeneses and other tax data.  She writes: “Freelancers have some unique needs, Chriss said. By shadowing some, Intuit found a propensity to co-mingle their business and personal…

Self-Employed Workers Respond to Obama State of the Union Address: Ask for Income Tax Equity, Changes to Healthcare

woman at keyboard

From CPA Practice Advisor — Isaac M. O’Bannon, Managing Editor reports on the National Association for the Self-Employed (NASE)’s response to President Obama’s State of the Union Address.  He writes: “Supporting the middle class means helping the small business community, too, said a national association in response to President Obama’s State of the Union speech…

What Happens To Uber Drivers And Other Sharing Economy Workers Injured On The Job?

Uber license plate

From Forbes, Ellen Huet does an excellent job describing the challenge that arises when an independent contractor is injured while providing services.  In most states, an independent contractor or other single-person company is not required by law to obtain workers compensation insurance.  As a result, individual workers do not purchase workers compensation insurance and they…

10 Myths About Self Employment

Death to stock photo wired 8

From LinkedIn — Yaseen Dadabhay writes about 10 myths about self-employment.  While there are some good insights in his post, the one that I highly recommend:  Yaseen wrties: “4. Self-employment means putting all your eggs in one basket. Ask yourself this: How many people would have to turn against you to shut off all your…

6 Things to Consider When Making the Leap to Self-Employment

woman working on her laptop

From the Huffington Post – Gina Horkey provides 6 things to consider when striking out on your own, but perhaps the most important is her 6th recommendation — developing multiple streams of revenue. This is particularly important in situations where you are providing services as opposed to selling products because service providers are more likely…

Netherlands: Independent contractor proposal could alter usage

flag of the netherlands

From Staffing Industry Analysts —  “A Dutch legislative proposal could affect the use of independent contractors by ending tax incentives and making it less appealing for companies to hire them….   [Independent contractors] are eligible for start-up tax breaks and corporate tax breaks available to small companies. However, they also receive a tax-free allowance of €7,280…

What does the future hold for workers in a freelance economy?

out of focus image of man working at a laptop

From PBS, Paul Solman interview Richard Greenwald of Brooklyn College who is concerned about the lack of a safety net for contingent workers including independent contractors.  Richard discusses the problem with contract workers: Richard Greenwald: We have 40 percent of the workforce working contingently without any safety net. They’re holding all of the burdens, all of…

Self-employment: First choice or last resort?

From Lanka Business Today in the UK, Emma Simpson tells the story of two different individuals who started their own business.  In the first story, Zandra Johnson wanted to unleash her creative side.  In the second story, Akbar Vindhani started a laundry business because he was out of work and did not see an alternative.  These two…

How To Become Self-Employed

From Dream It, Plan it, Do it — “It is no easy task to become self-employed. On the contrary, it can be very daunting, but rewarding. Even so, there are countless people in the world who want to learn how to become self-employed. The rewards of learning how to be self-employed are many. Self- employment…