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An independent contractor agreement is a contract that allows a client to hire a contractor for a particular job. It may also be known as a 1099 agreement. Independent contractors are responsible for paying their own taxes, unlike employees. This is just one of the many legal differences between independent contractors and employees. While independent contracting offers greater flexibility, it also comes with less stability. The number of independent contractor positions has grown rapidly, in part due to changing technology. Before creating an independent contractor agreement, consider if the work is eligible.
