The 1099 Dilemma: Working as an Independent Contractor

Posted on October 28, 2010 in Contracts and Law | No Comments

The Visual Effects Society (VES) recently held an event in Los Angeles titled “The 1099 Dilemma” (1099 being the name of the IRS form for Independent Contractors) to examine labor issues facing companies and artists. What follows is a break down of their event with some insight into the issues you will face when working in the industry.

…In establishing a work relationship there are a few things we have to determine. First, is the relationship as an Employee or as an Independent Contractor? More about the details of that determination later, but why would a company or worker want to have an Independent Contractor relationship? Independent Contractors cost companies less money than employees, that can provide companies with a competitive advantage if the competition is using employees. Independent Contractors enjoy tax advatanages. There are reasons on both sides of the relationship that may have both parties desiring Independent Contractor status. You DO NOT want to stop reading here, as a worker or employer, because that classification is NOT up to you.

— FXGuide.com | Read The Full Article