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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 ...
Income earned as an independent contractor is typically reported with the contractor’s Form 1040 on a Schedule C. The total amount of all income reported on Form 1099-NEC, which has replaced ...
Independent Contractors Beware: Your Employer May Be Taking Advantage of You. Lisa Johnson Mandell. Updated July 14, 2016 at 9:05 PM. With jobs scarce and money tight these days, the prospect of ...
The National Independent Contractors Association, or NICA, is a United States-based organization that describes itself as an alliance of independent contractors. It was founded in 1995 as a corporation by Thomas McGrath, a former contractor in the transportation industry. According to NICA's website, its purpose is to provide services giving ...
An independent contractor is in business for him or herself providing services to other businesses and does not work for or under an outside authority. Independent contractors are contracted on a temporary basis and paid at the completion of a project upon which their contract will be terminated.
It’s a nice gesture to tip for a free bang trim—anywhere from $5 to $10 is good, but of course, there’s no set rule on tipping for free services. Your stylist still took 10 to 15 minutes out ...
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