Laws For Contractors In Illinois
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Protecting Yourself as an Independent Contractor Be sure you're properly classified. Ignorance, as the old saying goes, is no excuse for the law. Beware of “Scope Creep” on the part of the employer. Be aware of your tax obligations. Protect your rights with solid contract documentation. Plan for your own benefits.
Have a clearly defined scope of work and contract in place with clients. This is your first step in having open lines of communication between you and your client. Get general/professional liability insurance. Hiscox is a good place to start if you are a new business.
The new rule, which becomes effective March 11, 2024, rescinds the 2021 independent contractor rule issued under former President Donald Trump and replaces it with a six-factor test that considers: 1) opportunity for profit or loss depending on managerial skill; 2) investments by the worker and the potential employer; ...
The Freelance Worker Protection Act provides protections for independent contractors who provide products or services in Illinois or who work for a hiring entity located in Illinois when the value of that work is equal to or greater than $500 in a 120-day period.
The Illinois Attorney General's Consumer Protection Division can also be reached at: Chicago: 800-386-5438 | TTY: 800-964-3013. Springfield: 800-243-0618 | TTY: 877-844-5461. Carbondale: 618-529-6400 | TTY: 877-675-9339. Spanish language: 866-310-8398.
While the Prairie State doesn't require a general contractor license at the state level, licenses are typically regulated at the city or county level, and those requirements often vary. There are exceptions for roofing and plumber licenses, which require state permits.
Illinois's Construction Statute of Limitations and Repose Second, the claimant has 10 years from the time the act or omission occurred to discover the act or omission; this 10-year period is known as the “statute of repose.” From the date of that discovery, the claimant has four years to file suit on the claim.
Introduction to Contractor Licensing in Illinois Illinois does not have a state-level license requirement for general contractors. However, most municipalities within Illinois do have their own licensing or registration requirements for general contractors.
Factors that show you are an independent contractor include working with multiple clients instead of just one, not receiving detailed instructions from hiring firms, paying your own business expenses such as office and equipment expenses, setting your own schedule, marketing your services to the public, having all ...
