A Nevada independent contractor agreement is used to detail the terms and conditions of a working arrangement whereby a contractor, or “freelancer,” provides their services to a client. It lays the groundwork for the client-contractor relationship, clarifies each party’s legal obligations, and reduces the possibility of misunderstandings. The primary components of the form include a detailed job description, payment terms, contract length, completion date, and measures for ending the business relationship.
A properly-composed agreement helps classify the contractor as an independent, self-employed worker who is not entitled to employee benefits. Misclassifying the contractor as an employee can result in legal penalties or leave the client liable for paying employment taxes on the contractor’s income.