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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 ...
The independent contractor files a Form 1040, just like an employee. However, there is a significant difference in how income is reported for contractors. However, there is a significant ...
1. They are an employee of the corporation or perform personal services for, or on behalf of, the corporation (even if they are an independent contractor for other purposes) on any day of the testing period 2. They own stock in the corporation at any time during the testing period. [3]
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 ...
There was a time when you had to explain to those in the 9-to-5 world what it really means to work from the couch or hang out in loungewear all day long; that’s no longer the case.
The act does not apply to certain workers, including supervisors, agricultural employees, domestic workers, government employees, and independent contractors. The NLRA was strongly opposed by conservatives and members of the Republican Party, but it was upheld in the Supreme Court case of NLRB v. Jones & Laughlin Steel Corp., decided April 12 ...
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