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House Bill Aims to Clarify Independent Contractor Status

Trucking info – A bill newly proposed in the House would amend the Internal Revenue Code of 1986 to change the classification of employers and employees. “Currently, it is difficult and overly complicated for businesses to use independent contractors, which limits companies’ growth and individuals’ work,” said Rep. Erik Paulsen (R-MN), who introduced H.R. 3396 on July 25. He added that this legislation “provides clarity and guidance for businesses so they know they are properly classifying independent contractors without fear of IRS penalties.” Read more.