United States

Registered Representatives of Independent Broker-Dealers are Properly Classified as Independent Contractors

From the Financial Services Institute — “The independent broker-dealer (IBD) business model focuses on offering financial solutions to the “main street” clients that form the backbone of America’s investor class. Financial advisors associated with BDs  provide those families with the critical financial advice they need to prepare for the future and maximize their ability to achieve their financial goals. The…

IRS Topic 762 – Independent Contractor vs. Employee

From  Walton Insurance Agency —  “For federal employment tax purposes, the usual common law rules are applicable to determine whether a worker is an independent contractor or an employee. Under the common law, you must examine the relationship between the worker and the business. All evidence of the degree of control and independence in this relationship should…

Court: Employee vs. independent contractor

From the Examiner Enterprise— “The court has spoken again on the issue of employee vs. independent contractor. A worker hired by a business that provided home and other care services to adults with disabilities was determined to be an employee although the business treated him as an independent contractor. The Tax Court analyzed the critical factors…

If Exotic Dancers Aren’t Independent Contractors, Who Is?

From Mondaq:  Connecting Knowledge and People “It is far better to internally uncover and proactively address misclassification issues, rather than to learn about them for the first time in a government audit or lawsuit. Based on the technical nature of assessing whether employees are properly classified, as well as evaluating the potential for significant liability…

Employee vs. Independent Contractor: Ensure Proper Classification of Workers

From Meyers, Harrison & Pia, LLC. — “A recent Forbes personal finance article “Independent Contractor Enforcement: There’s More Than The IRS To Fear” discusses a topic of relevance to today’s business world. The issue at hand is who is classified as an employee versus classification as an independent contractor. Recently, the United States Labor Department has undertaken investigations…

Independent Contractor Compliance: What Employers Need to Consider

From TLNT:  The Business of HR “Independent workers – whether they’re called independent contractors, freelancers or the self-employed – continue to be a significant factor in the American economy. According to Randstad’s Workforce 360 study, 43 percent of the workforce says they are interested in pursuing non-traditional work arrangements, and more than 2.6 million workers…

With No Fanfare, Congress Re-Introduces the Payroll Fraud Prevention Act of 2014 to Crack Down on Independent Contractor Misclassification

From the Independent Contractor Compliance and Worker Misclassification Legal Blog — Most bills in Congress dealing with independent contractor misclassification are introduced with a great deal of fanfare. But not so with the Payroll Fraud Prevention Act of 2014, which was introduced on May 8, 2014 and released to the public earlier today. The bill was sponsored…