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An independent contractor agreement, also known as a 1099 agreement, allows clients to hire contractors for specific jobs. Independent contractors are responsible for paying their own taxes and do not have taxes deducted from their payments like employees. This type of agreement provides greater flexibility but less stability compared to traditional employment. The growth of independent contractor positions has been rapid over the past decade, largely due to advancements in technology. Before entering into an independent contractor agreement, it's important to consider the eligibility of the work and other legal differences between independent contractors and employees.
