At Will Independent Contractor
3. Februar 2023

As an independent contractor, you may be hired to work with a company on an “at will” basis. Simply put, at will means either party can terminate the contract at any time, for any reason. However, there are several factors that must be considered when working with an at will agreement.

First and foremost, it is crucial to have a clear understanding of the terms and conditions of the contract before signing. This includes the length of the contract, payment terms, and the specific responsibilities and deliverables expected of you. It’s also important to clarify any potential conflicts of interest, such as working with competing companies.

As an at will independent contractor, it’s wise to protect yourself by including language in the contract that specifies the circumstances under which either party may terminate the agreement. This can include reasons such as breach of contract, failure to perform duties, or any other violation of the agreed-upon terms. It’s also important to outline the notice period required before terminating the contract, which gives both parties time to adjust and find alternative arrangements.

Another key consideration for at will independent contractors is tax obligations. Unlike employees, independent contractors are responsible for their own taxes, including self-employment tax. This means that you must keep accurate financial records and make estimated tax payments throughout the year. As an independent contractor, it’s also important to have a thorough understanding of what expenses can be deducted on your tax return.

In conclusion, working as an at will independent contractor can be an excellent option for those seeking flexibility and autonomy in their work. However, it is crucial to take the necessary steps to protect yourself and ensure that both parties are clear on the terms and conditions of the agreement. By doing so, you can enjoy the benefits of a mutually beneficial relationship with your clients while avoiding potential pitfalls and legal issues.