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Independent contracting in the United States information


An independent contractor is a person, business, or corporation that provides goods or services under a written contract or a verbal agreement. Unlike employees, independent contractors do not work regularly for an employer but work as required, when they may be subject to law of agency. Independent contractors are usually paid on a freelance basis. Contractors often work through a limited company or franchise, which they themselves own, or may work through an umbrella company.

In the United States, any company or organization engaged in a trade or business that pays more than $600 to an independent contractor in one year is required to report this to the Internal Revenue Service (IRS) as well as to the contractor, using Form 1099-NEC. This form includes the money paid, contractor's name, social security number, address, phone number, and an indicator about the existence of foreign bank accounts; independent contractors do not have income taxes withheld like employees.

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Independent contracting in the United States

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Inside contracting Internal Revenue Service Misclassification of employees as independent contractors Outsourcing Payroll taxes in the United States Performance...

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Independent agencies of the United States government

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Independent agencies of the United States federal government are agencies that exist outside the federal executive departments (those headed by a Cabinet...

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Native Americans in the United States

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terms, are the indigenous peoples of the United States, including Hawaii and territories of the United States, and other times limited to the mainland....

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Crime in the United States

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Crime rates in the United States have been recorded since its founding. They have varied over time, with a sharp rise after 1900 and reaching a broad bulging...

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Government procurement in the United States

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Federal Government contracting has the same legal elements as contracting between private parties: a lawful purpose, competent contracting parties, an offer...

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Languages of the United States

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The United States does not have an official language at the federal level, but the most commonly used language is English (specifically, American English)...

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Healthcare in the United States

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care in the United States far outspends that of any other nation, measured both in per capita spending and as a percentage of GDP. Despite this, the country...

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Slavery in the United States

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days, it was practiced in what became Britain's colonies, including the Thirteen Colonies that formed the United States. Under the law, an enslaved person...

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United States in the Vietnam War

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United States involvement in the Vietnam War began shortly after the end of World War II, first in an extremely limited capacity and escalated over a period...

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Constitution of the United States

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The Constitution of the United States is the supreme law of the United States of America. It superseded the Articles of Confederation, the nation's first...

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Immigration to the United States

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much of the history of the United States. In absolute numbers, the United States has a larger immigrant population than any other country in the world,...

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Nuclear power in the United States

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Nuclear power in the United States is provided by 92 commercial reactors with a net capacity of 94.7 gigawatts (GW), with 61 pressurized water reactors...

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Prostitution in the United States

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in the vast majority of the United States as a result of state laws rather than federal laws. It is, however, legal in some rural counties within the...

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Unethical human experimentation in the United States

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human test subjects in the United States are considered unethical, because they are illegally performed or they are performed without the knowledge, consent...

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Minimum wage in the United States

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The minimum wage in the United States of America is set by U.S. labor law and a range of state and local laws. The first federal minimum wage was instituted...

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LGBT rights in the United States

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rights in the United States have increased significantly over time, and are socially liberal relative to most other nations. However, LGBT people in the U...

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Sports in the United States

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in the United States. Historically, the national sport has been baseball. More recently over the past several decades, American football has been the...

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List of independent wrestling promotions in the United States

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list of independent wrestling promotions in the United States, sorted by regional area, and lists both active and defunct "indy promotions" from the 1990s...

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Law enforcement in the United States

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Law enforcement in the United States is one of three major components of the criminal justice system of the United States, along with courts and corrections...

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Homelessness in the United States

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Homelessness in the United States refers to the issue of homelessness in the United States, a condition wherein people lack "a fixed, regular, and adequate...

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List of federal agencies in the United States

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number of independent agencies that are not considered part of the executive branch, such as the Congressional Research Service and the United States Sentencing...

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Censorship in the United States

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Censorship in the United States involves the suppression of speech or public communication and raises issues of freedom of speech, which is protected by the First...

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History of the United States

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The history of the lands that became the United States began with the arrival of the first people in the Americas around 15,000 BC. Numerous indigenous...

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Incarceration in the United States

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Incarceration in the United States is a primary form of punishment and rehabilitation for the commission of felony and other offenses. The United States has the largest...

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United States Army

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designated as the Army of the United States in the U.S. Constitution. The oldest and most senior branch of the U.S. military in order of precedence, the modern...

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Racism in the United States

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Racism in the United States comprises negative attitudes and views on race or ethnicity which are related to each other, are held by various people and...

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Affluence in the United States

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wealth. In the United States, as of 2019, the median household income is $60,030 per year and the median household net worth is $97,300, while the mean household...

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Politics of the United States

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The politics of the United States function within a framework of a constitutional federal republic and presidential system, with various levels and branches...

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Petroleum in the United States

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major industry in the United States since shortly after the oil discovery in the Oil Creek area of Titusville, Pennsylvania in 1859. The industry includes...

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Income tax in the United States

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Income taxes in the United States are imposed by the federal government, and most states. The income taxes are determined by applying a tax rate, which...

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United States Navy

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The United States Navy (USN) is the maritime service branch of the United States Armed Forces and one of the eight uniformed services of the United States...

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Liberalism in the United States

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Liberalism in the United States is a political and moral philosophy based on concepts of unalienable rights of the individual. The fundamental liberal...

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2020 United States presidential election

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The 2020 United States presidential election was the 59th quadrennial presidential election, held on Tuesday, November 3, 2020. The Democratic ticket...

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Cannabis in the United States

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The use, sale, and possession of cannabis over 0.3% THC in the United States, despite laws in many states permitting it under various circumstances, is...

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Economy of the United States

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The United States is a highly developed country with a free market economy and has the world's largest nominal GDP and net wealth. It has the second-largest...

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United States Declaration of Independence

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The United States Declaration of Independence, formally The unanimous Declaration of the thirteen united States of America, is the pronouncement and founding...

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Secession in the United States

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In the context of the United States, secession primarily refers to the voluntary withdrawal of one or more states from the Union that constitutes the...

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Asylum in the United States

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The United States recognizes the right of asylum for refugees as specified by international and federal law. A specified number of legally defined refugees...

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Local government in the United States

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Local government in the United States refers to governmental jurisdictions below the level of the state. Most states and territories have at least two...

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Educational attainment in the United States

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Overall, the demographics with the highest educational attainment in the United States are also those with the highest household income and wealth. In 2018...

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Ages of consent in the United States

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In the United States, each state and territory sets the age of consent either by statute or the common law applies, and there are several federal statutes...

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Transgender rights in the United States

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In the United States, the rights of transgender people vary considerably by jurisdiction. By the end of 2021, at least 130 bills had been introduced in...

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Contract

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the States are Contracting States (United Nations Convention on Contracts for the International Sale of Goods, Article 1(1)(a)). Given the significant number...

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Sheriffs in the United States

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In the United States, a sheriff is an official in a county or independent city responsible for keeping the peace and enforcing the law. Unlike most officials...

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Income inequality in the United States

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Income inequality in the United States is the extent to which income is distributed in differing amounts among the American population. It has fluctuated...

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