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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 ...
Independent contractors are self-employed individuals or freelancers operating in an independent trade, profession or business. In this guide, we take a closer look at what it means to be an ...
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]
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 ...
The left-leaning Economic Policy Institute in a report last year estimated that a truck driver treated as a contractor earns up to $18,000 less per year than one who is deemed an employee, while ...
Associated Builders and Contractors; Associated General Contractors of America; IAPMO (International Association of Plumbing and Mechanical Officials) Independent Electrical Contractors; Mason Contractors Association of America; Metal Construction Association; National Association of Construction Auditors; National Association of Home Builders
An Independent contractor is a type of worker. Independent contractor may also refer to: Independent contracting in the United States; Independent Contractors Australia; Misclassification of employees as independent contractors
A statutory employee is an independent contractor under American common law who is treated as an employee, by statute, for purposes of tax withholdings. [1] For a standard independent contractor, an employer cannot withhold taxes.
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