CHICAGO (Reuters) – A U.S. court on Monday July 27, 2009, (Paul Babineau v. Federal Express Corporation) rejected an appeal filed by FedEx Corp employees who were seeking federal class-action status in a wage-and-hour dispute with the package delivery company. A three-judge panel of the Atlanta-based 11th Circuit Court of Appeals upheld a lower court’s [...]
WASHINGTON, DC – According to a report issued June 25, 2009, by the Census Bureau, U.S. Department of Commerce, the nation added nearly 1 million new “nonemployer” independent contractors between 2006 and 2007. This brings the total ICs in the US to a total of 21.7 million, as of 2007.* What are “nonemployer” independent contractors? [...]
From California to New York, lawmakers are placing more importance on collecting every tax dollar due under existing laws in order to decrease deficits. SACRAMENTO, CA – The Sacramento Bee reported in a single edition (July 10, 2009): The state’s revenue deficit is becoming more and more serious causing state offices to close their doors [...]
Sacramento and Washington – Over the past several years lawmakers in both Sacramento and in Washington D.C. have proposed a series of laws to tighten up the rules and increase the penalties for misclassifying independent contractors. These bills were submitted by the elite of the federal and state lawmakers and cosponsored by other powerful politicians. [...]
Smart planners see the future and prepare for it before it arrives. We have a combination of events converging that will eventually result in increased taxes along with tougher enforcement of existing tax laws and tougher IC compliance. I’ve reported before The Perfect IC Compliance Storm is coming. Don’t doubt that it is looming on [...]
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