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For questions related to working independently with an organization rather than employee. Most question may require country tag as law could vary from country to country. Additional tag like taxes could be used to qualify the nature of question

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Can I create a business for finding contracts, and hiring other contractors to complete them?

I'm a freelance web developer who routinely finds and completes contracts. However, I've found it even more profitable to accept contracts given to me, and hire other contractors to complete the work, ...
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2answers
129 views

Can I claim a tax deduction for my occupational physical therapy if I'm an independent contractor?

I'm an independent contractor doing web development consulting. Due to the nature of my work, I am constantly sitting still - many times with bad posture. This has caused me to have back soreness and ...
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1answer
136 views

Can I get severance pay in bankruptcy settlement?

This is a followup to What happens to contractors when employer goes bankrupt?. When I signed with that company as a contractor, my contract promised me 10 days notice before letting me go. ...
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1answer
83 views

As a director of a limited company in the UK, can I have multiple business bank accounts?

I am a director of a limited company in the UK. I live here and sell my services within the UK. If a bank goes bust, by law, a bank has to protect my deposits to up to £85k. Can I have multiple ...
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22 views

UK, Setting up employee profile in Basic PAYE Tool

I have just started using Basic PAYE Tool. I aim to use it as the Director of a Limited Company (to submit FPS, EPS... among other things). I managed to follow the User Guide on how to set it up at: ...
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2answers
370 views

What happens to contractors when employer goes bankrupt?

The U.S. company at which I was a contractor has closed its doors and laid off all employees. I read in the news that all its assets were bought by another company. All regular employees were paid up ...
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1answer
68 views

UK Contractor (Limited company) - EPS or FPS, late submission

To introduce my case briefly, I have been a contractor for two years within a company. For that, two years ago I hired an accountant who dealt with the creation of a Limited Company which was ...
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1answer
161 views

W-2 contractor loopholes

I am working as a W-2 contractor, not as a 1099 contractor (i.e., pay quarterly). Are there any loopholes or write-offs that I should be saving receipts for? Driving from location to location, gas, ...
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171 views

Working remotely in Portugal for a UK based company

I am new to contracting and would like some advice. My situation is: I am a UK citizen and my home is in the UK. I am working in London for a UK based company. I currently work full time as a ...
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0answers
204 views

tax identification number in W8-BEN - Canada specific question

I live in Canada and have done a contract job with a U.S. company, and they ask me to fill a W8-BEN form to pay me. I'm asked to note that on the W8-BEN Form either section 5 or section 6 must be ...
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54 views

State taxes as an international student on opt who worked as contractor

I worked in the U.S. from February 2017 to January 2018 on an F1-OPT status. I was hired as a contractor so I got my monthly salary without any deductions. I used Glacier tax services to file my ...
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1answer
143 views

Independent contractors and new U.S. tax law

I make about $70,000 a year working as a contractor. Currently, I operate as a sole proprietorship. I invoice my clients using my personal name (I don't even have a business name), and they pay me ...
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71 views

If I work as a freelancer, do I need a company to invoice my customer?

I am from Malaysia. Recently, I found a company in Singapore that wants to hire me as a freelancer. How should we do the payments? I have a bank account in Singapore and I am wondering if there will ...
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2answers
993 views

Hiring Foreign Contractors - Is This Tax Deductible?

I have a small start-up business in the US and I'm going through freelance sites like freelancer.com to get some work done. The appeal of this is that the rates for foreign contractors is often less ...
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1answer
85 views

Contractor IR35 Avoidance

I worked as a contractor in the UK public sector until September 2017. I didn't see IR35 coming and when it came into effect my financial position was decimated. My plan is to go back into ...
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1answer
132 views

Why does HMRC still require “payment on account” after I have moved to PAYE?

HMRC has a policy where self-employed individuals must pay 50% of expected income tax & NI contributions in the following year in two instalments due January and July of the current year, which is ...
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0answers
81 views

Australian freelancing in UK

I am an Australian citizen and resident for tax purposes, but I have recently moved to the UK and planning on staying here for around 6 months. I have a valid working visa. I have picked up some ...
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1answer
349 views

Moonlighting as a software developer: employee or independent contractor w/ LLC?

I've made arrangements with a company to do some part time software development help (in addition to my day job, that has full benefits). They are a government contractor (local city governments) and ...
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1answer
112 views

Independent Contractor but I have been charged with monthly taxes? confused

I joined a consulting firm as an Independent contractor to work on one of their projects that they were handling for a well known MNC roughly one month ago. I was hired as an independent contractor so ...
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1answer
97 views

Can increasing my tax withholding from my full-time job cover FICA taxes for my freelance work?

According to this article, instead of making quarterly estimated tax payments for freelance work I do on the side, it may be possible to simply increase my tax withholding at my full-time job. I ...
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0answers
56 views

Is the full monetary amount of sub-contracting tax deductible?

At the moment I effectively work for myself, contracting full-time to a single company. I invoice this company $x every month. In the near future, I would like to either hire or sub-contract other ...
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60 views

pass through tax liability

In this scenario, a single member LLC has income of $100,000 and is passed straight through to the owner, subject to income tax and self employment taxes. Single member LLC has borrowed $105,000 at ...
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1answer
71 views

Taxes should be paid by a contract position employee

Can anyone please guide me with information about the taxes should be paid by a contract position employee. I got an opportunity to work as a contract employee to a company in US from India. Should I ...
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1answer
105 views

Independent contractor rates for web development

I've worked at full time salaried positions my entire working career so far as a web developer. I'm now transitioning to a part time position working on projects for a 2-person agency (they find ...
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1answer
89 views

How to report Canadian income from a small contract job?

Aside from being a student in 2016, I was also was hired as a contractor to write a technical report. I recognize that this would be considered 'self-employment', but how do I report this income (I am ...
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1answer
89 views

How should I file my taxes as a contractor?

For background, I'm an Ontario, Canada resident, and I've worked here during all of FY2016. For the first time, in addition to mostly doing full-time work as an employee of a company, I did just over ...
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43 views

Are individuals required to report payments to independent contractors (1099) to CA EDD?

A friend is issuing 1099-MISC as an individual for payments to an independent contractor over $600 during last year. Should he also report those payments to CA state?
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1answer
91 views

Moving from employee to self-employed: How to determine what to charge a client in a corp-to-corp contract?

I have no experience in working as a C2C contractor with a client. Yet that is the only way this company will hire me. In fact I have not had a contractor W2 job in ten years; I've been someone's ...
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1answer
112 views

Can I be employed as a permanent employee but be payed as a contractor (UK)?

A few years ago, I set up a limited company... Because I wanted to become a contractor. Because I want to work for myself with a steady source of income (long term). At the time of setting up the ...
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1answer
581 views

GST and Per Diems.

As an independent contractor I charge GST for my services. When I travel outside of my home area for work I charge a per diem to cover meals and incidental expenses that are not itemized. It is a ...
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1answer
49 views

I have a US based company that does business in Europe, and contracts freelancers in other countries. What forms do I need to file? [closed]

I run a software consulting company. I get projects mostly in the US, but recently I closed a deal with a company from Germany. Most of the people I want to hire to finish this project are based in ...
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4answers
171 views

How hard for US customers make payments to non-resident freelancer by wire transfer?

I'm sole proprietor from Russia. I make projects for US companies. We working fully remote via internet. I'm not US resident. When I try to suggest wire transfer for paying my job my customers don't ...
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3answers
344 views

IT LTD Company investing leftover cash

I am an IT contractor in the UK and want to invest surplus cash to avoid corporation tax. What I can invest in without changing my company's status?
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1answer
70 views

Receiving money from a foreign source as payment for a domestic service

I wish to act as an agent to purchase land for a foreigner-owned company. To meet my initial expenses, the company is prepared to send me money. Are there restrictions on the methods by which I can ...
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1answer
806 views

Can I legally work remotely for a company in UK from India?

I am currently working full-time for a company in India. I got a chance to work in a contractor position remotely for another company in UK. They are willing to pay me to my UK bank account only. So, ...
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1answer
466 views

independent contractor working from India for a US consulting company

I have an independent contractor agreement with a U.S. consulting company and work from India. I get paid through a wire transfer in my India account. I get paid on an hourly basis based on the ...
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0answers
82 views

Filing 83(b) election as an international consultant?

I recently went from being an employee in a US company (while being in the US) to being a consultant for the same company (while working abroad in my home country of India). As part of my new ...
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2answers
63 views

Excess Social Security Witholdings

After a generous hour meeting with a CPA gratis, we ran out of time, but I still had a few questions. I have a full time job and have been doing some contracting work nights and weekends. Full-time ...
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2answers
77 views

How to secure one's effort when working on a contract?

As a youth I was verbally contracted by my then-dentist to write a system that spares him from being innundated with patients paperwork. Naively, I negotiated neither requirements nor compensation. ...
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1answer
148 views

First time IT contractor, not UK resident, Umbrella or Limited Company?

Will be starting my first IT developer contract soon lasting 3 months, 260 per day, I don't intend to have another contract until at least 9 months after this first contract. Having read in depth the ...
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1answer
499 views

Do I need a W-8BEN if I pay non-US citizens via PayPal?

I am getting most of my information from this page: http://www.kahnlitwin.com/blogs/tax-blog/form-1099-requirements-for-foreign-workers I pay both US citizens and non-US citizens as independent ...
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0answers
65 views

US based company engaging independent contractor in the UK

If a US-based company engages a citizen and resident of the UK to be an independent contractor, is the US-based company responsible for paying any taxes in the UK, or is payment of taxes on the ...
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1answer
91 views

Hired with W-9, will I owe estimated tax quarterly?

I heard different opinions on this matter from different articles and different tax experts, so could someone set the record straight? I'm currently contracted with this company. I had filled out a ...
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0answers
242 views

USA taxes for foreign contractor- FW8BEN FORM

I work as an independent contractor (providing personal engineering services) from India for a a USA based company. I receive around 15000$ yearly directly credited to my Indian bank account. I ...
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2answers
707 views

Filing Taxes for Two Separate Jobs Being Worked at the Same Time?

I have a standard office job and I am looking to Uber at the same time. I just recently started the office job and plan to start working as a driver in the next few days. I am curious how am I ...
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1answer
106 views

Whats the best way to convert a contractor's rate to an employee's rate [duplicate]

Whats the best way to convert a contractor's rate to an employee's rate
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2answers
494 views

UK Resident exploring freelance work for a Swiss Company

I'm not currently registered as self-employed but have been offered a work opportunity by a Swiss Company, working from my home in the UK, on an hourly rate. How can I work and pay my NI / Tax ...
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1answer
110 views

Remote Contractor & Taxes

I'm not a US citizen (I studied there for over 10 years), and I'm currently living in my native south america. The company I used to work for in-house in the US now contracts with me, so that's been ...
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0answers
109 views

Where do I pay income tax and how?

When I was in the US before, I worked for a company as a independent contractor under 1099. Now I've come back to India, and I am still working for that same company. The company deposits my pay in my ...
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1answer
575 views

Implications of freelancing as an independent contractor from India for a U.S. company?

I have an independent contractor agreement and am paid by a U.S. company in dollars after I invoice them. I have the following questions. I am in India, and am working from India for the client. Do I ...