0
An independent contractor refers to a person who is self-employed. An independent contractor may also be referred to as a freelancer.
Wiki User
∙ 8y ago
Wiki User
∙ 11y agoYes, they are not scheduled to work certain hours and will need to file their own taxes on the money they make as it will not be with-held like a normal job.
Wiki User
∙ 9y agoAn individual contributor is one who has done something on their own and not as a group. You are only responsible for your own actions versus managing a group of people.
Add your answer:
Earn +20 pts
What type of coverage does a self employed hair stylist need?
A self-employed (or independent contractor) hair stylist should have personal liability insurance and a business license.
457 Retirement Plan?
form_title=457 Retirement Plan form_header=Reach your retirement goals and start planning for your future today! Are you employed by the federal government?*= () Yes () No Are you either self employed or employed as an independent contractor?*= () Self employed () Independent contractor () Neither Are you currently the client of another type of retirement planning service?*= () Yes () No
Is there a standard legal contract for a self employed agent?
No. Each independent contractor negotiates his own terms.
Is a carpet installer an employee or independent contractor?
It's just a job description like plumber, electrician etc. So could be an employee working for a company or a self-employed contractor. If not self-employed, the fitter in question would be defined as working for the contractor, the contractor being the company who took on the work.xx
Can you withhold funds from independent contractors for any damages that they do while in your employ?
First an independent contractor is a self employed taxpayer and would NOT be your employee and you are NOT the independent contractors employer.
If you are self employed and receive 100 percent of your income from one person are they your employer?
Not if you are a self employed taxpayer. For more information go to www.irs.gov and use the search box for Independent Contractors vs. EmployeesIndependent Contractor (Self-Employed) or Employee?In determining whether the person providing service is an employee or an independent contractor, all information that provides evidence of the degree of control and independence must be considered.
What are the terms of employment of a mystery shopper?
You are employed as an Independent Contractor which means if you work for a mystery shopping agency, or a company directly - you are self-employed. Look into what that entails where you live.
What is nonstatutory income?
Other income that you receive from your own business operations. Nonstatatutory income (independent contractor) self employed taxpayer
Is it a requirement to be bonded if you are a self employed contractor?
No.
What is a freelance translator?
A freelance translator is someone who specialize in at least two languages and offer translation services as an independent contractor or self-employed individual.
What is the difference between independant contractor and employee?
An independent contractor is someone who works for themselves not a company. They can work for someone else but not be employed by them. An employee is employed by a company.
What kind of insurance does a self employed contractor need?
A self employed contractor general liability ins., Workers comp if a corporation, but whoever is the bond company they should be able to assist in insurance coverage for the company.
