Independent Contractor

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Details

An independent contractor is a natural person, business, or corporation that provides goods or services to another entity under terms specified in a contract or within a verbal agreement. Unlike an employee, an independent contractor does not work regularly for an employer but works as and when required, during which time she or he may be subject to the Law of Agency. Independent contractors are usually paid on a freelance basis. Contractors often work through a limited company, which they themselves own, or may work through an umbrella company. In the United States, any company or organization engaged in a trade or business that pays more than $600 to an independent contractor in one year is required to report this to the Internal Revenue Service (IRS) as well as to the contractor, using Form 1099-MISC

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130710040
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • EAN 9786130710040
    • Format Fachbuch
    • Titel Independent Contractor
    • Herausgeber Alphascript Publishing
    • Anzahl Seiten 92
    • Genre Wirtschaft

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