On Feb. 26, the U.S. Department of Labor announced a new proposed rule clarifying the classification of independent contractors versus employees — the third change to independent contractor regulations since 2021. If finalized, the new rule would roll back a Biden-era rule that used a six-factor test to analyze contractor questions and replace it with a new test that focuses on two core issues: control and the opportunity for profit and loss. The new rule is open for comments until April 28.
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