Small Biz Ahead
A Podcast By Small Business Owners, For Small Business Owners
2 years ago

How Changes to Independent Contractor Rules Will Impact Your Business

Episode Notes

Hey everybody and welcome to the Small Biz Ahead podcast. This is my weekly podcast. My name is Gene Marks, where I talk a little bit about something that's impacting your business this week. And some advice and thoughts that I have. And uh oh, there are potential changes to independent contractor rules coming, and they may impact your small business. Pay attention: If your business like mine uses independent contractors, then new rules are coming from The Department of Labor that may change how you and I classify our workers. Many of us may be required to classify these contractors as employees. Now, currently there are a number of factors that are considered when determining, whether or not a worker is an independent contractor or employee. These factors include the permanency of the relationship, the nature and the degree of the control you have over that worker and the contractor's opportunities for profit and loss. In an independent contractor relationship...