Connecticut Independent Mortgage Brokers Association offers live webinar. While a renewed interest in employee classifications started in Califorinia, it is spreading across the country. The recent California Dynamex Case codified the terms under which a “worker” can be classified as an independent contractor under the “ABC” Test (Assembly Bill 5). The California law takes effect January 1, 2020 and many states are following suit. In March 2020, the CA Supreme Court will rule on whether …
Lenders, mortgage brokers and originators should be paying careful attention in all states about “misclassification” of workers. Tomorrow I will be facilitating a webinar for the California Association of Mortgage Professionals on California Assembly Bill AB5, which is shaking up the employment landscape. It’s not just California! Massachusetts, New Jersey and many other states have also adopted a similar “ABC” test to determine worker status. And it’s not just the states. The IRS may have …