New Mexico Educator Agreement - Self-Employed Independent Contractor

State:
Multi-State
Control #:
US-INDC-12
Format:
Word; 
Rich Text
Instant download

Description

This is a contract between a school or other employer and a teacher or teaching related professional whereby the employer hires the professional as an independent contractor for a set period of time.
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  • Preview Educator Agreement - Self-Employed Independent Contractor
  • Preview Educator Agreement - Self-Employed Independent Contractor
  • Preview Educator Agreement - Self-Employed Independent Contractor
  • Preview Educator Agreement - Self-Employed Independent Contractor

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FAQ

The general rule is that an individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it will be done. If you are an independent contractor, then you are self-employed.

Key takeaway: Independent contractors are not employed by the company they contract with; they are independent as long as they provide the service or product agreed to. Employees are longer-term, on the company's payroll, and generally not hired for one specific project.

Most clubs currently classify their coaches as independent contractors and do not pay employment taxes on payments to coaches.

The main pieces of employment legislation, chief among which are the Labour Relations Act 66 of 1995 (LRA) the Basic Conditions of Employment Act 75 of 1997 (BCEA) and the Employment Equity Act 55 of 1998 (EEA), apply to employees and not independent contractors.

Becoming an independent contractor is one of the many ways to be classified as self-employed. By definition, an independent contractor provides work or services on a contractual basis, whereas, self-employment is simply the act of earning money without operating within an employee-employer relationship.

Cons of Independent ContractingContractors must withhold their own federal, state, and local taxes. They may also have to submit quarterly estimated taxes to the IRS. In most cases, contractors aren't eligible for state unemployment benefits, because they're self-employed, and they must fund their retirement accounts.

Professional AthleteAn athlete is an employee or an independent contractor depending upon the sport involved and the terms of the contract under which he/she performs. In team sports, such as football and baseball, where the player competes under the direction and control of a coach or manager, he/she is an employee.

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.

A worker, personal trainer, or fitness instructor can be classified as an independent contractor if: (a) the worker is free from control and direction in the performance of services; and. (b) the worker is performing work outside the usual course of the business of the hiring company; and.

A 1099 employee is a US self-employed worker that reports their income to the IRS on a 1099 tax form. Freelancers, gig workers, and independent contractors are all considered 1099 employees.

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New Mexico Educator Agreement - Self-Employed Independent Contractor