There are many situations in which a business will want to engage the services of an independent contractor instead of hiring an employee. In these situations, both parties must sign an independent contractor agreement.
New York does not require most contractors to hold a license on the state level.
The new rule, which becomes effective March 11, 2024, rescinds the 2021 independent contractor rule issued under former President Donald Trump and replaces it with a six-factor test that considers: 1) opportunity for profit or loss depending on managerial skill; 2) investments by the worker and the potential employer; ...
Form W-9. If you've made the determination that the person you're paying is an independent contractor, the first step is to have the contractor complete Form W-9, Request for Taxpayer Identification Number and Certification.
This might sound like a good idea, but the short answer is no, you cannot. An independent contractor has to meet certain criteria, and it's highly unlikely that an administrative assistant would meet these.
Sales Tax Certificate of Authority: Businesses making sales that are subject to New York State sales tax must register with the Tax Department to obtain a Certificate of Authority. If you have multiple business locations in New York, the state requires that you have a Certificate of Authority for each location.
What to Include Party Details. The agreement will name the contractor and the client and provide the mailing addresses where invoices and correspondence can be sent. Term. The one-page contract must state the dates the contractual relationship begins and ends. Services. Compensation. Expenses. Signatures.
Others vary by county or city, like in California. Independent contractors don't need a license to operate in the state of California, but they may have other requirements based on where they build their business. Still others will vary based on the kind of work you do.
The new rule, which becomes effective March 11, 2024, rescinds the 2021 independent contractor rule issued under former President Donald Trump and replaces it with a six-factor test that considers: 1) opportunity for profit or loss depending on managerial skill; 2) investments by the worker and the potential employer; ...