Over The Past 30+ Years -I have accumulated a variety of terms to describe the construction industry. A contractor usually issues invoices setting out their fees or charges in order to get paid. They had excellent records, and all their subcontractors had signed well written Independent Contractor Agreements. If you pay them $600 or more over the course of a year, you will need to file a 1099-MISC with the IRS and send a copy to your contractor.
Employee’s are not totally responsible for their own taxes, but an independent contractor is. The first thing that the self-employed has to …