Independent Contractor Compliance Blog - by Collabrusâ„¢

There is a Reported Rise in Labor Class Action Suits Across the Country

According to a recent survey by the law firm Fulbright & Jaworski, L.L.P, 79% of companies surveyed experienced new litigation last year.  The study’s universe was responses from 251 U.S. companies. Possibly more important to California employers, the study showed in the last few years there has been a 36% increases in wage-and-hour, multi-plaintiff […]

Are You Cutting Back on Your Workforce? The IRS Isn’t

In an economic downturn when many companies are cutting back, one federal agency is commencing its largest hiring initiative in decades. The IRS plans to hire more than 3,500 additional enforcement agents. Over 2,000 of the new hires will be revenue agents and revenue officers, the IRS announced in a statement made by Deputy […]

President Obama Wants to Raise Additional Revenue by Reducing the Tax Gap

President Obama’s Budget Director Peter Orszag announced a Tax Reform Panel has formed that will be headed by former Federal Reserve Chairman Paul Volcker. According to Orszag, they are tasked with recommending changes in the tax code including; closing loopholes, streamlining tax law and generating revenue.
The panel has been given a deadline of December […]

The American Recovery and Reinvestment Act of 2009 Allows Some Employers to Take Federal Tax Credit for COBRA

The American Recovery and Reinvestment Act of 2009 include changes to the health benefit provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly referred to as COBRA.
The COBRA and Cal-COBRA programs allow newly unemployed individuals to retain their health care through their previous employer for a period of time. The individual and […]

Question of the Week: Do You Know the Specifics Regarding Your IC’s?

Question(s) of the Week-Do you know:
1. How many IC’s are currently providing services in your company?
2. How much your IC’s are costing you?
3. How long a specific IC has worked for you?
4. Is a specific IC meeting your expectations-providing all the deliverables?
5. Will the IC status stand up under a government tax audit?
I’ve met […]

The IRS is Encouraging Anyone out of Work to Apply for Unemployment Benefits by Offering a Tax Credit

If the ex-worker who files for UI was your Ex-IC you just moved into a high risk category to be audited.
WASHINGTON-The IRS announced last week that, “All or part of unemployment benefits received in 2009 will be tax free for many unemployed workers.”
A statement also said, “…Under the American Recovery and Reinvestment Act, enacted […]

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