Carol’s recent post on the CNBC blog suggests that the IRS should revise employee and contractor definitions. She states:
“As we look at ways to put people back to work and foster a pro-growth environment for small business, a simple definitional change in the tax code would go a long way towards helping our economy. The freelance economy is not going away and it’s time for the IRS to catch up.”
The IRS definition may not be what you think it is. And “34 percent of the American workforce, approximately 53 million Americans, are doing some type of freelance work.”
You might want to take a look at IRS needs to acknowledge the freelance economy.
