Labor Laws: Your Freelancer Might Be An Employee!

It was traditionally the IRS’s regulations on worker status that determined whether to issue a W-2 or 1099 at the end of the year.

The Department of Labor has issued additional guidance in the memo, “Additions to Employee Misclassification Regulation Guidelines,” to clarify how classification of workers should be assessed. The Department explains that employment policies will be evaluated using six different factors such as the degree of employer’s control or right to control the worker and the worker’s investment in facilities.

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A Guide to Building a Lucrative Freelance Career!

Freelancing refers to a type of self-employment where you deliver your services to clients on a project basis.

The concept goes as far back as the 1970s when skilled workers had to be sourced from different places to complete large-scale projects. In 2020, around 59 million people in the United States were involved with freelance work, and the number continues to rise today. 

Internet connectivity and the availability of various freelancing platforms have also made this work arrangement more popular and accessible.

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