Hello there,Either I am confused about this or you are. There is not such thing as an independent contract employee. You are either independent or you are an employee. You cannot be both.If you are an employee, you simply cannot decide to change the name of your status. If the underlying relationship is not changed, no matter what you call it and no matter what documents you write, you will be held to still be an employee.In short, an employee has not profit motive. They must work according to the employers rules. In contrast, an independent contractor has a profit motive. He may or may not make a profit on any particular job, but the notion of a profit must be present. An independent contractor is not subject to the rules of an employer. He has a defined project and completes that project according to the job specifications. To get a good idea of the sort of things that must change in your relationship with your present employer study the tests determining whether someone is an independent contractor or an employee provided by the IRS. You can find that on their website. Other government agencies have different standards, but the IRS standards is a good starting point.To sell this idea to your employer, you will have to explain to them why the proposal will provide financial rewards to them. If there is not benefit to the employer why should they make a change.Later,
you would not be an employee anymore - you would be self employedyou will then have to pay for 100% of your own health insurance and have to pay the employer s share of FICA insurance also - and if they terminate your contract or cut your billable hours you will NOT be eligible for unemployment - only employees get unemployment and in this economy, why would the company pay you more money? it makes no sense for the COMPANY to do thatbad idea all the way around. be thankful you a job. period. I can t imagine there are a lot of job openings in your particular line of work
Steps are simple. Just form your own business (business licenses are issued by your city or county)Then, buy general liability insurance for your business (everybody requires it)As for convincing them to pay you as an independent contractor, you will need to find several clients. Otherwise the IRS will consider you a dependent contractor and the employer will be liable for taxes. (Your employer knows this, so you have to have other clients or you re going nowhere with this.)
Get as much resource as you can maybe is one option,however it could be quite time consuming,here http://www.HealthInsuranceFree.infois one resource i have had good experience.
