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Architect Agreement - Self-Employed Independent Contractor

District of Columbia Architect Agreement - Self-Employed Independent Contractor

Name: District of Columbia Architect Agreement - Self-Employed Independent Contractor
Brand: US Legal Forms
Rating: 4.84 (310 reviews)

Category:

Employment - Independent Contractors - Professional

State:

Multi-State

Control #:

US-INDC-22

Format:

Instant download

Description

This is a contract between an employer and an architect who is hired as an independent contractor to study the original architectural structure and make changes or improvements or who is hired for any other architectural needs.

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How to fill out District Of Columbia Architect Agreement - Self-Employed Independent Contractor?

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FAQ

The general rule is that an individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it will be done. If you are an independent contractor, then you are self-employed.

The independent contractor can be anyone: An architect who is preparing architectural plans for a new restaurant or building for your company. A software engineer hired to create software for your company or to do programming for maintenance of your company's existing software.

To set yourself up as a self-employed taxpayer with the IRS, you simply start paying estimated taxes (on Form 1040-ES, Estimated Tax for Individuals) and file Schedule C, Profit or Loss From Business, and Schedule SE, Self-Employment Tax, with your Form 1040 tax return each April.

Business RegistrationIn some cases, independent contractors do not have to register as businesses with federal or provincial authorities. However, if you sell taxable goods or services, you must register for a sales tax account with the CRA once your revenues exceed $30,000 per year.

All work required of the contract is performed by the independent contractor and employees. Independent contractors are not typically considered employees of the principal. A "general contractor" is an entity with whom the principal/owner directly contracts to perform certain jobs.

Remember that an independent contractor is considered to be self-employed, so in effect, you are running your own one-person business. Any income that you earn as an independent contractor must be reported on Schedule C. You'll then pay income taxes on the total profit.

Simply put, being an independent contractor is one way to be self-employed. Being self-employed means that you earn money but don't work as an employee for someone else.

The most common business organizations for Independent Contractors include C-corporation, S-Corporation, Partnership, Limited Partnership (LP), Limited Liability Partnership (LLP), Limited Liability Company (LLC), and Sole Proprietorship.

A 1099 employee is a US self-employed worker that reports their income to the IRS on a 1099 tax form. Freelancers, gig workers, and independent contractors are all considered 1099 employees.

If Architect is retained for construction administration, Architect will review lien waivers of contractor, subcontractors and suppliers with each pay application. Architect's contract is entered into based upon a standard of mutual trust, good faith and fair dealing.

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District of Columbia Architect Agreement - Self-Employed Independent Contractor

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Who counts as an independent contractor?

Is an architect an independent contractor?

How do I list myself as an independent contractor?

Do independent contractors have to register as a business Canada?

What is the difference between a contractor and an independent contractor?

Is independent contractor self-employment income?

Is self-employed independent contractor?

What is the business type for an independent contractor?

Is 1099 self-employed or independent contractor?

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