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An independent contractor agreement is a contract that allows a client to hire a contractor for a specific job, also known as a 1099 agreement. Unlike employees, independent contractors are responsible for paying their own taxes. This is just one of the significant legal differences between contractors and employees. Independent contracting offers more flexibility but less stability, leading to its growth in recent years, especially in the technology sector. Before creating an independent contractor agreement, consider if the work is eligible for this arrangement.
