work as an contractor 1

[HamidEle]

I signed a contract with one company as an indepedent contractor.One clause is, the contractor shall not solicit any of the company clients nor engage in any business which is similar or in competition with the company during the term of engagement with the company. Not quite sure this prevents me from working for another company as a contractor on part time basis. Do I need let the companhy I am working for now know I will be working for another company on part time basis.

 

[Ron]

Always a complicated issue...employee vs. independent contractor. Usually one of the tests for "independent contractor" is whether you are "allowed" to work for others during the same time span. If you are allowed, it reinforces your independent contractor status. If you are not allowed, then you're probably an employee.

As hokie66 said...the tax man cometh.