Keyword Analysis & Research: independent contractor definition business


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What does it take to be an independent contractor?

An independent contractor is a natural person, business, or corporation that provides goods or services to another entity under terms specified in a contract or within a verbal agreement. Unlike an employee, an independent contractor does not work regularly for an employer but works as and when required,...

What if you are a "independent contractor"?

In general, if you're an independent contractor, you are working for yourself, and the company is your client. You are responsible for paying your employment taxes, and you are not entitled to company-provided or government-mandated employee benefits (including medical and/or dental).

What is the job of an independent contractor?

independent contractor. n. a person or business which performs services for another person or entity under a contract between them, with the terms spelled out such as duties, pay, the amount and type of work and other matters. An independent contractor is distinguished from an employee, who works regularly for an employer.

What is an employee vs. an independent contractor?

Any individual working for an employer in a capacity other than as an employee is considered an independent contractor. The primary difference between an employee and a contractor is the employer's obligation to withhold income taxes from money paid for work.


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