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Independent Contractor vs. Employee

Independent Contractor vs. Employee

Confused if you are an independent contractor or an employee? Two common job types when you get hired by a business are Employee (W2) and Independent Contractor (1099). While an independent contractor supplies goods or services to a company, an employee carries out the services for the business. Hiring an independent contractor gives more flexibility and less financial burden to an employer. An independent contractor is required to pay for all supplies used, employment taxes, and insurance. While these obligations…

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