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News

Labor Department finalizes rule on employee vs. independent contractor status

January 06, 2021

The U.S. Department of Labor issued a final rule Wednesday to clarify the standard for determining whether a worker should be considered an employee or an independent contractor. The rule is one of many contentious regulations that the Trump administration has been rushing to finalize in its waning days and is likely to have an impact on labor relations, pay scales and benefits for workers. It also has an impact on the taxes they pay and whether taxes need to be withheld from their paychecks or simply reported on a Form 1099 and sent to them before Jan. 31. More companies in recent decades have been classifying their workers as independent contractors as opposed to full-time employees to save on salaries and benefits, and that trend has only accelerated in recent years with the growth of the gig economy.

  • business and industry
  • career resources
  • practice management
  • advocacy - federal
  • federal tax

4 Tips for Virtually Onboarding New Employees

January 11, 2021

Thanks to COVID-19, in-person meetings are a thing of the past, at least for a while. The same goes for chatting with coworkers in the break room. This lack of personal contact creates difficulty for new employees, who are looking to make connections and find their footing. In his first article for AccountingWEB, Joe Cihak discusses a few ways to more effectively onboard new people and help new hires feel more comfortable.

  • career resources
  • practice management