Unmarried and living together? Erik Carter for Forbes walks through the various financial realities of residing with a partner vs. a spouse. From basic money management to estate planning, employee benefits, and tax implications for unmarried couples living in the same home. He compares the monetary pros and cons of domestic partnership and marriage. Unmarried And Living Together? Be Aware Of These Financial Challenges.
Tag: employee benefits
The Heat is on Contract Labor
The Wall Street Journal reports that the IRS and the Department of Labor (DOL) are increasing the pressure on employers to properly classify their workers through payroll audits. A goal has been set to investigate 6,000 employers. The authors write:
The U.S. Treasury estimates that forcing employers to properly classify their workers—while tightening so-called “safe harbor” rules that provide them with leeway in determining who is and isn’t an employee—would yield $8.71 billion in added tax revenue over the next decade.