Want to create an interactive transcript for this episode?
Podcast: B2B Vault: The Biz To Biz Podcast
Episode: 7 New Rules For Small Business In 2023 | B2B Vault: The Payment Technology Podcast | Episode 142
Description: 1. How independent contractors 1099 will be classified:
This could disrupt many businesses - the new classifications are already an issue in California under AB 5. The federal Government is making similar rules.
https://www.federalregister.gov/documents/2022/10/13/2022-21454/employee-or-independent-contractor-classification-under-the-fair-labor-standards-act
2. Expanding the SBA lender network:
This is a hot mess - during Covid, this happened and now there are a number or lawsuits and new rules. These Fintech lenders need to be held accountable and the government needs to a better job with controlling FRAUD.
3. Federal Trade Commission (FTC) proposes broadly banning...