Freelancing is one of the easiest, fastest, and lowest cost ways to
start working for yourself. Multiple freelancing websites, like Guru.com
and eLance.com provide an online marketplace where employers post work
and freelancers bid on completing the work in an open market, which is
often extremely competitive.
A somewhat common misconception is that freelancers are called
that because they work for free - or next to it. That is not the case,
and as freelancers gain more and more experience in the field in which
they specialize, they can command higher rates for their work.
Freelancer employers who try to exert too much control over
where, when or how the work is done can place themselves in jeopardy
with the Internal Revenue Service, since such workers are usually
considered employees, especially when they work for one employer over
the long term. Unlike employees, employers are not required to offer
freelancers any benefits, withhold payroll taxes or pay into workers
compensation or unemployment plans.
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