How I wanna be a PP Pro
Join Date: Oct 2012
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ObamaCare and Independent or Employee Classifications
BOY the circus continues: Obamma wants to raise taxes AND allow Independent Contractors ObammaCare reported by Forbes. I wonder does that mean if you are Company X that hires an I.C. would they be required to make contributions to the I.C. insurance plan.
""The President also wants to change the independent contractor vs. employee playing field. Notably, Obamacare covers employees, not independent contractors. The President’s proposal would put more power in the hands of the IRS to reclassify independent contractors as employees. The budget recognizes that the law is tough to apply and tough for businesses to understand. It states that, “New enforcement activity would focus mainly on obtaining the proper worker classification prospectively, since in many cases the proper classification of workers may not be clear.” Now there’s an understatement.""""