What is an independent contractor?
An independent contractor is someone who is self-employed and not employed by another company or individual. In North Carolina, they are legally responsible for their own taxes, as well as their own insurance and benefits. Independent contractors are usually hired to complete specific tasks or provide services, and are typically paid either a flat rate or an hourly rate. They are not considered to be employees and are not eligible for certain employee benefits, such as paid sick leave and health insurance. In North Carolina, there are certain requirements that must be met in order for an individual to be considered an independent contractor. This includes the lack of control that the hiring party has over the worker’s work, that the worker is free to choose when and how they complete the task or service, and that the worker is not considered to be an employee for other purposes, such as workers’ compensation and payroll taxes. Lastly, the work must be done without the expectation of a continuing or long-term relationship between the worker and the hiring party. It is important to understand the differences between an independent contractor and a regular employee, as the legal responsibilities and rights differ between the two. It is also important to make sure that all requirements for independent contractors are met in order to ensure that everyone involved is legally protected.
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