$297
CONTRACT TEMPLATE:
Independent Contractor Agreement
Within this Teachable Course You’ll get:
+ The Contract, in file format for you to edit
+ A detailed video walkthrough of the document
+ An explanation of each clause and how you’ll need to edit the contract based on your business-specific needs.
Lawyer-Guided . Fully Customizable. Lifetime Access .
Lawyer-Guided . Fully Customizable. Lifetime Access .
Why You Need:
An Independent Contractor Agreement
Small businesses often utilize independent contractors to perform services or complete projects, but it's essential to differentiate between independent contractors and employees, as misclassification can result in legal and financial consequences. A misclassified vendor may trigger penalties, fines, back taxes, and additional employment tax obligations.
To avoid misclassification, small businesses must have a valid independent contractor agreement that clearly outlines the terms of the vendor's engagement, including the payment terms, services to be provided, duration of engagement, and level of control the business has over the vendor's work. The agreement should also contain clauses that support the classification of the vendor as an independent contractor, such as the vendor's ability to work for other clients, ownership of tools and equipment, and responsibility for work-related expenses.