Independent contractors play a crucial role in today’s workforce, offering specialized skills and flexibility to businesses. Unlike traditional employees, independent contractors are responsible for managing their own taxes and finances. One essential aspect of this responsibility is the creation and maintenance of pay stubs. In this article, we will explore the importance of independent contractor pay stubs, key components, legal requirements, methods of generation, and best practices for ensuring compliance. What are independent contractors? Independent contractors are individuals or entities hired by businesses to perform specific tasks or projects on…