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Like most employees, the taxes for an independent contractor are typically due on April 15 of each year. The independent contractor files a Form 1040, just like an employee. However, there is a ...
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 ...
There are a tremendous number of business cards on the market, and as long as you earn money independently, you can apply for a business credit card. Be aware that you will need to prepare more ...
The AOL Help site is your starting point for getting support from AOL. Support may come via phone, chat, social media or help articles, depending on the question or issue you have.
Personal guarantees: Some cards require a personal guarantee, meaning your personal credit score could be affected if you fail to pay off the card's balance. Look for a business credit card with ...
Self-employment provides work primarily for the founder of the business. The term entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to grow big or become registered, but the term startup refers to new businesses that intend to provide work and income for more than the founders and intend to have employees and grow large.
While the term independent contractor would be used in a different register of English [clarify] to designate the tax and employment classes of this type of worker, the term "freelancing" is most common in culture and creative industries, and use of this term may indicate participation therein. [2]
Learn how to file taxes as an independent contractor. For premium support please call: 800-290-4726 more ways to reach us