About 39% of the U.S. workforce now freelances or works on contract, bringing flexibility but also tax and classification challenges. Understanding what it means to be a 1099 worker goes beyond paperwork it’s about knowing your legal and financial standing. With the Department of Labor tightening the definition of “independent contractor” and the IRS increasing scrutiny, both companies and freelancers must stay compliant. Many businesses risk misclassification, while contractors struggle to navigate taxes, benefits, and their rights.
Read More Here-: https://shorturl.at/wDNKn
Read More Here-: https://shorturl.at/wDNKn
About 39% of the U.S. workforce now freelances or works on contract, bringing flexibility but also tax and classification challenges. Understanding what it means to be a 1099 worker goes beyond paperwork it’s about knowing your legal and financial standing. With the Department of Labor tightening the definition of “independent contractor” and the IRS increasing scrutiny, both companies and freelancers must stay compliant. Many businesses risk misclassification, while contractors struggle to navigate taxes, benefits, and their rights.
Read More Here-: https://shorturl.at/wDNKn
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