Agreement for Independent (IRS Form 1099) Contracting Services

_____________________, referred to as CONTRACTING PARTY, and ___________________, referred to as INDEPENDENT CONTRACTOR, agree:

 

INDEPENDENT CONTRACTOR shall perform the following services for CONTRACTING PARTY:

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at the following rate of pay:

_______________________________________________________________

 

This agreement shall begin on ________________ and shall terminate on _________________ unless earlier terminated.

Contracting Party may terminate this contract on ____ days notice to Independent Contractor for unsatisfactory performance.

 

Both parties acknowledge that the Independent Contractor status is valid and that the Contracting Party would not have entered into this Agreement unless the other party was an Independent Contractor and warranted the same to the Contracting Party by signing this Agreement.

 

THIS IS AN AGREEMENT FOR INDEPENDENT CONTRACTING SERVICES. THE CONTRACTING PARTY PROVIDES NO BENEFITS SUCH AS UNEMPLOYMENT INSURANCE, HEALTH INSURANCE OR WORKER’S COMPENSATION INSURANCE TO INDEPENDENT CONTRACTOR.  CONTRACTING PARTY IS ONLY INTERESTED IN THE RESULTS OBTAINED BY THE INDEPENDENT CONTRACTOR. INDEPENDENT CONTRACTOR SHALL BE RESPONSIBLE FOR PROVIDING ALL TOOLS AND MATERIALS REQUIRED FOR PERFORMANCE OF THE TASKS AGREED TO. INDEPENDENT CONTRACTOR IS RESPONSIBLE FOR PAYMENT OF ALL FEDERAL, STATE AND LOCAL INCOME TAXES.

 

Dated: ____________________________

 

 

 

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CONTRACTING PARTY BY AN AUTHORIZED OFFICER

 

 

 

_________________________________________________

INDEPENDENT CONTRACTOR

 

Agreement for Independent (IRS Form 1099) Contracting Services

Review List

This review list is provided to inform you about this document in question and assist you in its preparation.  You are wise to get this agreement signed with independent contractors to protect your interests in any IRS audit.  It serves to document the provider’s role as a 1099 contractor as opposed to being an employee.

 

  1. Make multiple copies.  Put one in the file kept for the individual service provider and another in your accounting files.  Give one to the provider themselves.

 

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