Assertion: contractor's income tax | /r/HasProperty | federal
Facets:
Source sentences:
text: In addition to including the above factors, the contract must contain a disclosure, in type which is larger than the other provisions in the document or in bold-faced type or underlined type, that the independent contractor is not entitled to unemployment insurance benefits unless unemployment compensation coverage is provided by the independent contractor or some other entity, and that the independent contractor is obligated to pay federal and state income tax on any moneys paid pursuant to the contract relationship.
text: Yet independent contractors generally qualify for more business deductions on their federal income taxes than do employees.