In a recent development, the U.S. Department of Labor confirmed it will stop enforcing the Biden-era rule on independent contractor classification. This reversal represents a meaningful victory for ...

The U.S. Chamber of Commerce is calling on the Department of Labor to scrap its independent contractor rule. The DOL independent contractor proposal would make it harder for companies to treat workers ...

The proposal would make it easier for workers to classify themselves as employees, as opposed to independent contractors, which could increase costs and reduce flexibility for independent advisors.

In a decision that underscores the importance of substance over form in employment relationships, the Eleventh Circuit recently reaffirmed that contractual labels alone do not determine whether a ...

An August 2020 photo shows the headquarters of the Department of Labor in Washington, D.C. The agency oversees wage and hour rules and employee benefits. Thousands of financial advisors are facing new ...

Who Is an Independent Contractor? "Independent contractor" is a category of worker that is legally distinct from an employee. The distinction between the two is one of substance, not title or a ...

Three major organizations representing financial advisors and insurance professionals are urging New Jersey regulators to withdraw or revise a proposed rule that would change how independent ...

Question: I have an employee that wants to convert to being paid as an independent contractor. I understand I can save money on payroll taxes and employee benefits if I agree to the change. Even ...

When choosing between being an employee or an independent contractor, long-term stability is a major factor to consider. Both work arrangements come with their benefits and risks, but the level of ...

The push against independent contractors (ICs)—typically in the name of rideshare drivers who are only a small part of the category—keeps returning like a bad flashback from one of the Terminator ...

In 2020, the state lost almost half a billion in tax dollars and workers were underpaid tens of millions of dollars in wages due to misclassification — and those numbers represent just 1% of ...

There are many paths to entrepreneurship, and for some aspiring business owners, becoming an independent contractor is a natural first step. But what exactly is an independent contractor, and how do ...