Contractors Forms Package - Michigan 2025

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You might be able to save money, and you definitely wont have anyone else distracting you from your vision of what you want. The cons of becoming your own contractor are precisely that theres no one to tell you no, or yes, or even help you at all.
A form W-9 is used to collect a contractors tax information. A form 1099 is used to document any payments that a client has made to a contractor, if those payments total more than $600. Both forms are mandatory.
Yes, a homeowner can act as a general contractor (GC) for their own construction or renovation projects, but there are several considerations to keep in mind: Legal Requirements: Many states and local jurisdictions have specific licensing requirements for general contractors.
Michigan construction contract requirements Only residential construction contracts are regulated in Michigan. Such contracts must be in writing, include the contractors license number (if a license is required), and cite the statute that requires the contractor to be licensed for their particular trade.
A contractor must hold a current Michigan residential builders license or show evidence of ability to obtain a license within six months. A contractor must demonstrate a history of having performed work of the scope and type required for the development.
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The Michigan Licensing Law gives a homeowner an exemption to act as his or her own general contractor. This means in the case of his or her own single-family residence, that they will occupy, the homeowner may obtain a building permit for construction at his or her own home.
How to become an independent contractor in 6 steps Step 1: Decide on a business structure. Step 2: Choose and register your business name. Step 3: Get your tax registration certificate. Step 4: Obtain any required vocational licenses. Step 5: Open a business bank account. Step 6: Set up to get paid.

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