First, find the gradient of line A. We know that the line passes through the points (1, 3) and (4, 9). To calculate the gradient, find the difference in the y coordinates and the difference in the x coordinates, and then divide the y value by the x value. 9 - 3/4 - 1 = 6/3 = 2. The gradient of line A is 2.
One government expert calculated that a construction worker earning $31,200 a year before taxes would be left with an annual net compensation of $10,660.80 if paid as an independent contractor, compared to $21,885.20 if paid properly as an employee.
However, there is one tax detail you will have to take care of when you hire an IC: If you pay an unincorporated IC $600 or more during the year for business-related services, you must: 1  file IRS Form 1099-MISC telling the IRS how much you paid the worker, and.2  obtain the ICâs taxpayer identification number.s far as taxes are concerned, hiring independent contractors is very simple. When you hire an independent contractor, you donât have to withhold or pay any state or federal payroll taxes on the ICâs behalf. This is one of the great benefits of hiring ICs.