A “contractor” is any individual engaged in the business of development, restore, alteration, dismantling, or demolition of bridges, highways, roads, streets, buildings, airports, dams, pipelines, and each different kind of construction, venture, development, or improvement coming within the definition of real or personal property, together with the construction, alteration, or restore of property to be held both for sale or rental, and shall include subcontractor, public contractor, and nonresident contractor. As an independent contractor, your entitlements and obligations differ from an employee in some ways. The designated person who engages the contractor is deemed to be an employer and is liable to pay payroll tax on those deemed wages. From pricing and sales to operations and advertising – and every thing in between – EGIA Contractor University is here to assist your small business thrive so that you can benefit from the life you have dreamed of.
If a contractor’s principal place of work is positioned outside of Iowa, the contractor should file a $25,000.00 surety bond to register in addition to fill out an Out-of-State Contractor Bond Form The contractor must file a bond with authentic signatures and original surety firm seal when making use of for the construction …