The Inflation Reduction Act’s Tax Law Changes

The Inflation Reduction Act’s Tax Law Changes

On Friday the House of Representatives passed H.R. 5376 commonly referred to as the Inflation Reduction Act (IRA).  The Act’s key drivers are to control runaway inflation by way of reducing prescription drug prices for the average American, reducing energy costs and...
Employee vs Independent Contractor Misclassification

Employee vs Independent Contractor Misclassification

Employee vs Independent Contractor Misclassification Companies sometimes look to hire independent contractors instead of employees for a number of different reasons.  A company may choose to classify a worker as an independent contractor for legitimate business...