Employer hires an occupational therapist on an independent contractor basis to provide therapy services as specified in the contract.
Kentucky Occupational Therapist Agreement - Self-Employed Independent Contractor
State:
Multi-State
Control #:
US-INDC-235
Format:
Word;
Rich Text
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How to fill out Occupational Therapist Agreement - Self-Employed Independent Contractor?
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FAQ
Whatever you call yourself, if you are self-employed, an independent contractor, or a sole proprietor, a partner in a partnership, or an LLC member, you must pay self-employment taxes (Social Security and Medicare). Since you are not an employee, no Social Security/Medicare taxes are withheld from your wages.
Independent contractors provide goods or services according to the terms of a contract they have negotiated with an employer. Independent contractors are not employees, and therefore they are not covered under most federal employment statutes.
If you are an independent contractor, then you are self-employed. The earnings of a person who is working as an independent contractor are subject to self-employment tax.
Simply put, being an independent contractor is a way of being self-employed. Is an independent contractor self-employed? Yes. Independent contractors are self-employed who earn an income but do not work as employees.
The three types of self-employed individuals include:Independent contractors. Independent contractors are individuals hired to perform specific jobs for clients, meaning that they are only paid for their jobs.Sole proprietors.Partnerships.
Contractors (sometimes called consultants) are self-employed people engaged for a specific task at an agreed price and with a specific goal in mind, often over a set period of time.
Paying yourself as an independent contractor Independent contractor pay allows your business the opportunity to stay on budget for projects rather than hire via a third party. As an independent contractor, you will need to pay self-employment taxes on your wages. You will file a W-9 with the LLC.
Simply put, being an independent contractor is one way to be self-employed. Being self-employed means that you earn money but don't work as an employee for someone else.
Some occupational therapists are self-employed. Recently, newly qualified occupational therapists, alongside nurses and other health professions, have experienced difficulties in finding posts in the NHS.
How do I create an Independent Contractor Agreement?State the location.Describe the type of service required.Provide the contractor's and client's details.Outline compensation details.State the agreement's terms.Include any additional clauses.State the signing details.