In a growing gig economy, employers find much-needed clarity from the U.S. DOL’s latest new rule on independent contractors. But when it comes to tax implications, what can companies glean from the rule’s streamlining efforts, even if it doesn’t last under the Biden administration? Crowe & Dunlevy Taxation Practice Group attorney Christopher R. Haunschild weighs in on ideas, risks and gains associated with independent contractors, valuable aspects of the new rule and why companies could benefit from an audit of workers’ day-to-day activities.
Additional Resources:
Are the New DOL Rules Regarding Independent Contractors DOA?