CHICAGO — Illinois contractors who intentionally misclassify their workers as independent contractors could face $2,500 fines and a ban on state construction jobs under a new law that goes into effect ...

Staying compliant with tax regulations can be a daunting task for many entrepreneurs and business owners. With the signing of the Ease of Paying Taxes (EoPT) Law or Republic Act No. 11976, new ...

At present, the Department of Labor, National Labor Relations Board and U.S. Treasury (through the Internal Revenue Code) enforce employee classification. These agencies, pursuant to express statutory ...

Small business owners may classify their employees in a certain manner for a number of reasons. For example, employing independent contractors often frees up some capital in the form of benefits and ...