Financial Services

The U.S. Department of Labor (DOL) announced on Jan. 9, 2024, the issuance of its final rule regarding whether a worker is an employee or an independent contractor under the federal Fair Labor Standards Act (FLSA). The new rule, which becomes effective March 11, 2024, rescinds the 2021 independent contractor rule issued under former President Donald Trump and replaces it with a six-factor test.

New Employee vs Independent Contractor Rule Effective March 11 The U.S. Department of Labor (DOL) announced on Jan. 9, 2024, the issuance of its final rule regarding whether a worker is an employee or an independent contractor under the federal Fair Labor Standards Act (FLSA).

Unlock the complexities of plaintiff awards and their tax implications. Delve into our expert insights to navigate legal settlements and judgments with clarity. Learn about exemptions, reporting requirements, and more.

Taxing Questions: What You Need to Know About Plaintiff Awards

Explore the complexities Baby Boomers face when downsizing homes, from capital gains tax dilemmas to housing market dynamics.

Boomers, Taxes, and the Housing Puzzle