
How Do I Pay My Taxes As An Independent Contractor – An independent contractor is a self-employed person or entity who contracts to perform work or provide services for another entity as a non-employee. Independent contractors must pay their own Social Security and Medicare taxes. In addition, businesses that use the services of independent contractors are not required to provide them with employment benefits such as health insurance or employer retirement accounts. The payer must properly classify each recipient as a contractor or freelancer. How Do I Pay My Taxes As An Independent Contractor Independent contractors work with clients on Read More …