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Income Tax (ITR) for Freelancers in India – 2023 Guide

Write Freelance

So, you work as a third-party contractor which also means the company, or your client, don’t always get to govern your working hours or the place of work. You won’t receive any benefits (like PF) that the Company Act requires since you are not an employee of any company you work with.

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Freelance Protections Were Just Signed Into Law Across California State: Here’s What You Need to Know

Freelance Union

This legislation, which was authored by Senator Scott Wiener, provides protections for independent contractors who work for a hiring entity located in California.  Similarly, businesses that frequently hire independent contractors should familiarize themselves with the new requirements to avoid penalties or disputes down the line.

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Compare The Best Invoice Factoring Companies

Quick Sprout

eCapital Commerce Finance also has solutions for purchase order financing and working capital loans for government contractors. A few other services that they cater to include: Trucking Staffing Oil and gas Government contractors Freight brokers. oil and gas), and government (e.g. contractors).

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Why You Should Consider an LLC the Right Choice for Your Freelance Business

Freelance Union

This document outlines the ownership and management structure of your LLC, as well as the rules and regulations that govern your business. AB5 and Self-Employed Individuals Recently, California passed AB5, a bill that affects the employment status of independent contractors.

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How to Start a Handyman Business in 6 Simple Steps

Quick Sprout

Many contractors don’t like taking these jobs. For example, most states require a general contractor’s license for specialized jobs like plumbing and electrical work. For example, you’ll need a contractor’s license to perform work over $1000 in Arizona.

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What you need to know about surety bonds and whether you need one

Freelance Union

When a contract to build a project is awarded, the company which won the contract (the principal) obtains a surety bond that will compensate the project owner (the obligee) in the event that the contractor defaults on the contract or causes a financial loss of some kind. There are four types of contract bonds.

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Business License vs. LLC

Quick Sprout

A business license is a government-issued document that allows a business to operate within a specific jurisdiction. The government regulates people who can provide goods or services. This license mainly applies to companies that deal in products regulated by the federal government. What is a Business License? What is an LLC?