Set hours of work. Full time required. Work on premises. Manner of payment. Furnishing of tools and materials.
Employees generally receive no direct profit or loss from work performed, while contractors do.
Many of these rules are followed by the IRS when determining employee or independent contractor status. Speak to an accountant or other professional for more advice where applicable. LIVE, REAL TIME Global Streaming Financial News and Business Information. Excellent legal service at your convenience. For less than you'd expect.