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1099 Risk Blog

Tag: liability

Accounting Blog Directory

March, 17 2010
Posted by Dave Putt | Comments: (3)

Who are independent contractors, and what are some of the risk profiles for 1099s? I find that there are generally three prototypical people that become independent contractors. The first person truly wants to be an entrepreneur. She invests in her business and knows it is important to buy the proper business insurances (E&O, General Liability), develop marketing strategies, and in general think of her client as a client and not an employer. She understands the 1099 laws and wants – at all cost – to preserve her independent status as a consultant.

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