Hire independent contractors without running into trouble Independent contractors (ICs) do every conceivable type of workâfrom accounting to web developmentâand âgig economyâ websites make it easy to find and hire qualified ICs. Working with independent contractors saves your business money and gives you flexibility in hiring. But there are risks in trying to establish IC relationships. Simply calling a worker an independent contractor doesnât make them one. This book shows you how to avoid mistakes that can lead to lawsuits or costly fines from the IRS and state agencies. Learn how to: determine who qualifies as an IC document the IC relationship in a written agreement assess the risks of hiring freelancers and gig workers safeguard your companyâs intellectual property, and handleâand settleâan IRS audit. The 10th editionâcompletely revised to reflect the latest changes in the lawâincludes detailed examples of how a business should hire independent contractors. With downloadable forms: comes with invaluable forms that let you document a workerâs IC status and create strong contracts. Easy to download and tailor to your own situation, details inside.