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Here are the top 11 things you need to know before (or even after) you sign an Independent Contractor Agreement: Many employers try to save money on taxes and escape liability under employment ...
To be clear though, being an independent contractor is nothing like working from home when a paycheck still comes regularly and the company is taking out the taxes for you.
The Freelance Isn't Free Act (FIFA) is a local New York City law passed by the New York City Council in 2016 that protects the labor rights of freelance workers.
The distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA ( Social Security and Medicare taxes) and unemployment taxes on received income for ...
Also, whereas an employee’s taxes are withheld from pay by the employer, an independent contractor must make their own payments directly to the IRS.
Employee or Contractor? See how it will affect the way you pay your taxes -- depending on what category you fall under.
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