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1 Replies Last post: Oct 26, 2009 10:01 AM by DomainDiva

Hiring a Company Director as an Indepent Contractor

Oct 24, 2009 2:43 PM

Click to view hickory's profile Start-up hickory 1 posts since
Oct 24, 2009
A partner and I recently started a small corporation together. We are just getting off the ground, and don't expect to be making enough money to actually have any employees anytime soon. Nonetheless, we would like to hire one of the company's officers as an individual contractor for a one time job. Is this possible? Would we need to draw up a contract to avoid any issues in tax or worker's comp issues? Any similar experiences? We're a California C corporation if it makes any difference.
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Click to view DomainDiva's profile Mogul DomainDiva 1,732 posts since
Oct 10, 2007
1. Re: Hiring a Company Director as an Indepent Contractor Oct 26, 2009 10:01 AM
The CTO of our company is also our software architect and gets paid for his work as software architect. All of this is handled tax wise by our CFO. Talk to your accountant.