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HandWiki. Independent Contractor. Encyclopedia. Available online: https://encyclopedia.pub/entry/34975 (accessed on 24 September 2026).
HandWiki. Independent Contractor. Encyclopedia. Available at: https://encyclopedia.pub/entry/34975. Accessed September 24, 2026.
HandWiki. "Independent Contractor" Encyclopedia, https://encyclopedia.pub/entry/34975 (accessed September 24, 2026).
HandWiki. (2022, November 17). Independent Contractor. In Encyclopedia. https://encyclopedia.pub/entry/34975
HandWiki. "Independent Contractor." Encyclopedia. Web. 17 November, 2022.
Independent Contractor
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An independent contractor is a person, business, or corporation that provides goods or services under a written contract or a verbal agreement. Unlike employees, independent contractors do not work regularly for an employer but work as required, when they may be subject to law of agency. Independent contractors are usually paid on a freelance basis. Contractors often work through a limited company or franchise, 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. This form is merely a report of the money paid; independent contractors do not have income taxes withheld like regular employees.

contractor contractors contract

References

  1. Brabec, Barbara (November 26, 2014). How to Maximize Schedule C Deductions & Cut Self-Employment Taxes to the BONE -. Barbara Brabec Productions. pp. 107. ISBN 978-0985633318. 
  2. Koch, Matthew (June 6, 2014). "The Tax Risks of Misclassifying Employees". The National Law Review (McBrayer, McGinnis, Leslie and Kirkland, PLLC). http://www.natlawreview.com/article/tax-risks-misclassifying-employees. Retrieved June 14, 2014. 
  3. "Financial Control". IRS. September 13, 2017. https://www.irs.gov/businesses/small-businesses-self-employed/financial-control. Retrieved October 2, 2017. 
  4. McConville, Timothy M. (May 20, 2014). "Don't Misclassify Workers as Independent Contractors". The National Law Review (Odin, Feldman & Pittleman, P.C.). ISSN 2161-3362. http://www.natlawreview.com/article/don-t-misclassify-workers-independent-contractors. Retrieved June 14, 2014. 
  5. IRS Frequently Asked Questions about form 1099-MISC https://www.irs.gov/faqs/faq-kw5.html
  6. Weil, David (July 15, 2015). "The Application of the Fair Labor Standards Act's "Suffer or Permit" Standard in the Identification of Employees Who Are Misclassified as Independent Contractors". United States Department of Labor. Archived from the original on July 16, 2015. https://web.archive.org/web/20150716032022/http://www.dol.gov/whd/workers/Misclassification/AI-2015_1.pdf. Retrieved July 15, 2015. 
  7. Trottman, Melanie (July 15, 2015). "Employees vs. Independent Contractors: U.S. Weighs In on Debate Over How to Classify Workers". Wall Street Journal. https://www.wsj.com/articles/labor-department-releases-guidance-on-classification-of-workers-1436954401. Retrieved July 15, 2015. 
  8. Lauren Smiley (April 20, 2015). "What Strippers Can Teach Uber". https://medium.com/matter/what-strippers-can-teach-uber-1f5b15e5b427. Retrieved April 21, 2015. "Many of these companies are built with workers who are not even considered workers at all. In a twist of business logic that drives much of the sharing economy, these delivery people, drivers, and maids aren't employees – they're entrepreneurs." 
  9. "U.S. Cracks Down on ‘Contractors' as a Tax Dodge" article by Steven Greenhouse in The New York Times February 17, 2010 https://www.nytimes.com/2010/02/18/business/18workers.html
  10. Salon - Taxes for union busting http://www.salon.com/2012/04/25/taxes_for_union_busting/
  11. Radio New Zealand - Truck drivers to lose jobs http://www.radionz.co.nz/news/national/124016/truck-drivers-to-lose-jobs
  12. See definition of FICA Tax . http://www.medlawplus.com/library/legal/definitions/fica.htm
  13. Times-Standard - Logger deaths highlight safety concerns; contractors exempt from state guidelines http://www.times-standard.com/localnews/ci_20077560
  14. DeSantis, Joe (February 4, 2015). "The Dependent Contractor?". https://aseonline.org/ArticleDetailsPage/tabid/7442/ArticleID/1112/The-Dependent-Contractor.aspx. 
  15. Weber, Lauren (January 28, 2015). "What if There Were a New Type of Worker? Dependent Contractor (On-Demand Workers Need Job Protections, Some Argue)". Wall Street Journal. https://www.wsj.com/articles/what-if-there-were-a-new-type-of-worker-dependent-contractor-1422405831. 
  16. Arthurs, H. W. (1965). "The Dependent Contractor: A Study of the Legal Problems of Countervailing Power". The University of Toronto Law Journal (University of Toronto Press) 16 (1): 89–117. doi:10.2307/825096.  https://dx.doi.org/10.2307%2F825096
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