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New Mexico Independent Contractor Agreement

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New Mexico independent contractor agreement is a legal document used to outline the terms and conditions of a freelancer-client relationship. The form allows both parties to agree on how the contractor will be compensated, the type of work to be provided, the timeframe for the work to be completed, and indemnification of the client from financial or legal liability. The agreement can be used to clarify that the contractor is working independently, and the client will not be responsible for withholding tax or employment insurance premiums.

After executing the independent contractor agreement, the client may ask the contractor to complete Form W-9 to record tax information, which will be submitted to the IRS (via Form 1099-MISC).