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Tax and financial planning news from around the web: October 3 – 7, 2022

Written on Oct 7, 2022

The independent contractor dilemma 
Gig economy companies classifying their workers as independent contractors continue to face lawsuits, state action and federal agency enforcement. 

IRS raises per diem standard rates for business travel 
The special per diem rates by which taxpayers may substantiate ordinary and necessary business expenses of travel away from home will be slightly higher starting Oct. 1, the IRS announced in Notice 2022-44.