Independent Contractors
An independent contractor is a self-employed individual who provides services to clients under a contract. Unlike employees, independent contractors have more control over how they complete their work, including setting their own hours and choosing their methods. They are typically hired for specific projects or tasks and are paid upon completion or at agreed intervals.
Independent contractors are responsible for their own taxes, benefits, and insurance, which distinguishes them from traditional employees. Common examples of independent contractors include freelancers, consultants, and gig workers who offer specialized skills or services to various clients without being tied to a single employer.