Independent Contractor vs. Employee… The Basics

There has been a lot of talk this year around the classification of independent contractor versus employee. While independent contractors can have some financial benefits to businesses, misclassifying can have some very large disadvantages.

Here are some websites and articles to help better define the difference between an independent contractor and an employee;

http://www.maine.gov/labor/labor_laws/publications/indcontrbro.pdf
http://online.wsj.com/article/SB10001424052970203278404574417193684754878.html
http://www.business.gov/business-law/employment/hiring/independent-contractors.html

The Basics…
Independent contractors are responsible for their own taxes and are not protected by employment laws. They have many clients and their work flow and tasks are not managed by any one client in particular.

As a virtual assistant with multiple clients, Office Solutions ME is considered an independent contractor. We complete 95% of our work off-site, at our own office. And we have the skill and expertise in our field to complete majority of our work without the guidance of our clients.

For more information about independent contracting or virtual assisting, please feel free to contact us or post a comment!

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