Virtual world is real

Posted on August 25, 2008 by Ed

Is the Virtual World real? It apparently has more “life” than I knew. Even the IRS is involved, recently ruling that independent, virtual contractors were, in reality, part-time employees for whom taxes needed to be withheld.  What impact will this have on other “virtual businesses?”  What impact will this ruling have on “virtual assistants?” Are they independent contractors, our assumption in the past, or employees, though at a distance?

Tags: , ,
Trackbacks (0) Links to blogs that reference this article Trackback URL
http://www.lawbizblog.com/admin/trackback/84407
Comments (1) Read through and enter the discussion with the form at the end
Laurie/Halo Secretarial - August 25, 2008 11:51 PM

Interesting post! I'm a virtual assistant (from Canada) and I certainly would consider myself, and most virtual assistants, to be independent contractors. I control my hours, where and how often I work, I remit my own taxes and I have multiple clients. I know that according to Canadian taxation law I would almost certainly meet the test for self-employed not employee.

Take care!

Post A Comment / Question Use this form to add a comment to this entry.







Remember personal info?
Send To A Friend Use this form to send this entry to a friend via email.