Are you an independent contractor or employee?

Dear WAHFAQ, I recently started working with a company, and they told me that paying taxes is 100% my responsibility. They said I’m considered an “Independent Contractor.” I’m a bit confused as to what this actually means and what I have to do for taxes. When you enter into the “random job” world, you may find that not only can you get traditional employee work, but you might also score a few “independent contractor” gigs as well. It’s important to know the difference when it comes to keeping track of your business. The IRS website has three different Common Law Read More…