Pro Act 2024 Independent Contractor Tax. A new final rule will help to ensure that workers who are employees are paid the minimum wage and overtime due them, and that responsible employers that comply with the law are not placed at a. Professional athlete with annual gross income of $5 million.

Department of labor introduced a final rule redefining the “independent contractor” under the flsa that applies to. Under current law, the lifetime limit on deductions under section 179d is.