We’re fluent in startup finance. Now you can be too.

Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.

Oops! Something went wrong while submitting the form.
Independent contractor

What is an independent contractor?

An independent contractor is a person or business entity that provides goods or services to another entity under a contract or verbal agreement, but is not an employee. Independent contractors are self-employed and, as such, are responsible for their own taxes and benefits.

The use of independent contractors can provide flexibility and cost savings for businesses. However, it's important for businesses to correctly classify workers as employees or independent contractors, as misclassification can result in legal issues and penalties.

Need help with other finance or startup questions?

Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.

We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at info@pilot.com.

See what Pilot can do for you

Get the peace of mind that comes from partnering with our experienced finance team.

Oops! Something went wrong while submitting the form.