1099 contractors

A 1099 contractor is a self-employed individual or business hired to complete specific tasks or projects for a company, but they’re not considered an employee. They operate their own business, handle their taxes, and often work on a freelance or contract basis. The company pays them the agreed amount, and at the end of the year, the contractor receives a 1099 form showing how much they earned. This arrangement offers flexibility for both parties but also means the contractor is responsible for their own taxes and expenses.