A Mississippi independent contractor agreement is a legal document negotiated by two parties; a client and a hired contractor. Since an independent contractor is not technically an employee, certain terms and conditions have to be established and adhered to in order for the relationship to be valid. An independent contractor differs from an employee in that they determine when/how the services are performed, and they have the ability to work on other contracts. However, an independent contractor is responsible for taxes, Social Security, workers’ compensation, and any other payments and costs incurred from hiring outside help. Aside from properly classifying the independent contractor as such, a contractor agreement must outline what services are to be provided by the contractor as well as the amount of compensation they will receive.
State Definition – § 71-3-3(r)