This bill would offer a pathway for independent contractors and gig workers to access affordable coverage options by clarifying that voluntary contributions from hiring parties will not create an employment relationship.
Beginning January 1, 2023, the IRS will require payment processors like Venmo, Cash App, and Zelle to issue a 1099-K for business transactions totaling $600 in a year.
Technological innovation presents unique challenges to everyday workers as industries are being transformed. Technological advancements will ultimately create millions of jobs and enable further growth. But such progress will also displace millions of workers.
At a time when many Americans are struggling with rising inflation, opportunities to earn extra income in the gig economy are more important than ever. But occupational licensing poses a problem.
