Category: independent contractor

Retirement: When Your Second Act is Becoming an Independent Contractor

February 15, 2023
BrightbudgetingEarning MoneyFuture Planningindependent contractorLLCpersonal financeretirementUncategorized
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By Yvette C. Hammett From Kiplinger’s Personal Finance There is a learning curve for those retiring from typical employment to join the world of independent contracting because you’ll now be your own boss. Here are some steps to get you started. Come up with a business plan. As an independent contractor, you’ll need one, according…

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Biden’s New Gig Worker Rule Could Squeeze Small Businesses, Setting Up a Legal Fight

October 12, 2022
Business & MarketsCompanieseconomic policieseconomyExecutive Branchgig workersindependent contractorLabor DepartmentMarketsPolicies & ImpactsPoliticsUberUS
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The Biden administration announced a new rule that would reclassify millions of gig workers across the country as employees, a move that could squeeze small businesses. The Labor Department’s proposal, released on Oct. 11, will make it more difficult for companies to label workers independent contractors, with consequences for ride and delivery services, along with other…

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Australian High Court Decision Draws Line Between Employee and Independent Contractor

February 11, 2022
Australiaemployee benefitsgig economyHigh Court of Australiaindependent contractorWorld
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The High Court of Australia on Wednesday handed down two landmark decisions that provide greater clarity on the definition of employee and contractor, which may have major ramifications for gig economy workers. The High Court bench unanimously determined in one case that two truck drivers who worked for a company for 40 years under a…

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