Yes, unfortunately this is TRUE as of MARCH 11, 2024.

This is NO Internet BS but a new ruling by the Biden Administration and Department of Labor.

For instance you are an Uber driver for your GIG. Effective this above date you have to be FULL TIME employed by Uber. They will have to provide benefits to you.

Sounds good; however Uber won’t be able to bring a person on FULL TIME and will have to let the person go!

It is estimated this will effect 50,000,000+ USA members of the GIG ECONOMY!

I am a consultant HOWEVER I am also now going to be a full time employee of my Wyoming LLC that I founded in September 2018.

I’m not an attorney but if you are a member of the GIG ECONOMY not working for a company but as an independent contractor then you might look into getting incorporated. It only cost me $150 to set up this Wyoming LLC and about $60 annually to renew it.

These new Biden IRS agents were specifically hired to go after companies employing people in the GIG ECONOMY!

Hugh Simpson