Are there risks and responsibilities associated with being an independent contractor rather than an employee?
A. Self-employment involves some risks and responsibilities that employees typically don’t assume. For example, the independent contactor assumes all responsibility for tax obligations, handles his/her own benefits, manages billing and collections; maintains appropriate licensing and insurance, and accepts legal responsibilities and exposure associated with performing the job.
Related Questions
- Are there risks and responsibilities associated with being an independent contractor rather than an employee?
- How does an engaging party obtain ownership of a work developed by an employee or independent contractor?
- How do government agencies determine whether a worker is an employee or an independent contractor?
