As an independent contractor, there is no employer-employee relationship with the person or company that you are doing business with. The independent contract is a consultant who performs specific duties that the consultant is capable of performing.
At the start of the relationship, it is absolutely vital to have an independent contract agreement (also known as a consulting agreement) drafted to protect both parties. The consequences of failing to establish a consultant as an independent contractor can have dire tax consequences.
In your independent contractor agreement, it is important to establish that the consultant performing the services is is not under the control of the employer. In addition, the employer may not directly supervise the consultant.
When it comes time to draft an independent contractor agreement, you should focus on the fee for services rendered and provide a complete description of the services that are to be provided.
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