Use of Contract Labor by Sole Proprietors Surging
Small Business Labs
NOVEMBER 23, 2015
In 2013 contract labor was 36% of total labor costs, up from 31% in 2010 and just 20% in 2003. The IRS recently released the 2013 data on sole proprietors. This data covers business receipts, deductions, and net income reported by individual taxpayers on Schedule C of Form 1040.