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An independent contractor agreement, also known as a 1099 agreement, allows a client to hire a contractor for a specific job. Independent contractors must file taxes on their own as taxes are not automatically deducted from their payments like with employees. This arrangement offers flexibility but less stability compared to traditional employment. The rise of independent contractor positions has increased significantly in the past decade due to changing technology. Before entering into such an agreement, it is important to consider the eligibility of the work and other important factors.
