H. R. 8013, known as the “Gig Is Up Act,” aims to change how payroll taxes are handled for independent contractors working with large companies. If a company makes at least $100 million a year and hires at least 10,000 independent contractors, the payments to these...
H.R. 8013 is a bill that says big companies have to treat the money they give to independent workers like regular paychecks and pay extra taxes on it, starting at the end of 2024.
The bill, titled the Employer-Directed Skills Act, seeks to amend the Workforce Innovation and Opportunity Act to support skills development that is directed by employers. It introduces the concept of "employer-directed skills development," which is training selected by...
The Employer-Directed Skills Act wants to make it easier for companies to help their employees learn new skills by having businesses choose what training is needed and pay a part of it, but how much they pay depends on the size of the company.
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