Wayne Michigan Self-Employed Utility Services Contract

Name: Wayne Michigan Self-Employed Utility Services Contract
Brand: US Legal Forms
Rating: 4.7 (210 reviews)

Category:

Employment - Independent Contractors - Utility Services

State:

Multi-State

County:

Wayne

Control #:

US-INDC-97

Format:

Instant download

Description

Employer contracts with an independent contractor to provide and install utilities as specified and agreed upon in the contract.

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FAQ

Here are some examples of professions that frequently work as independent contractors: Electricians. Plumbers. Carpenters. Painters. Auto mechanics. Florists. Dentists. Veterinarians.

Independent contractors provide goods or services according to the terms of a contract they have negotiated with an employer. Independent contractors are not employees, and therefore they are not covered under most federal employment statutes.

For example, an individual may work as an electrician, plumber, mechanic, or carpenter. Some hair stylists and nail technicians work as independent contracts as well, and lawn care specialists may also perform their work as independent contractors rather than employees.

People such as doctors, dentists, veterinarians, lawyers, accountants, contractors, subcontractors, public stenographers, or auctioneers who are in an independent trade, business, or profession in which they offer their services to the general public are generally independent contractors.

As a contractor, this is most likely you. This means that you run your own business as an individual and you are self-employed. Being a sole trader gives you both complete control and responsibility. Your business assets and liabilities are not separate from your personal ones.

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.

Becoming an independent contractor is one of the many ways to be classified as self-employed. By definition, an independent contractor provides work or services on a contractual basis, whereas, self-employment is simply the act of earning money without operating within an employee-employer relationship.

The general rule is that you will be: An employee if you work for someone and do not have the risks of running a business. Self-employed if you have a trade, profession or vocation, are in business on your own account and are responsible for the success or failure of that business.

Simply put, being an independent contractor is a way of being self-employed. Is an independent contractor self-employed? Yes. Independent contractors are self-employed who earn an income but do not work as employees.

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Wayne Michigan Self-Employed Utility Services Contract

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What are examples of contractors?

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