The much-anticipated independent contractor final rule issued earlier this month by the U.S. Department of Labor (DOL) will become effective March 11, 2024. The new rule could result in a wholesale reexamination of worker classification practices, especially in industries where independent contractors are extensively utilized.
Thie CTA will impact many small and medium sized businesses as many for-profit companies such as corporations, and limited liability companies will be required to report their business information to a national database with severe criminal and civil penalties for noncompliance.
Back for its third year, Foster Swift Collins & Smith’s “Legal Strategies for Women Leaders” webinar series is a program crafted to help women business leaders stay abreast of new laws, regulations and other beneficial resources.