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-   -   The contractors only income is the client payments. (https://www.askmehelpdesk.com/showthread.php?t=750872)

  • May 27, 2013, 12:02 PM
    Asanga
    The contractors only income is the client payments.
    "The contractors only income is the client payments"
    I want some valide literature to support above statement. Can someone give me any references like a journal, book or technical magazine. Thank you.
    Asanga
  • May 27, 2013, 12:04 PM
    JudyKayTee
    I don't understand your question - the contractor would be paid by the customer. What other income are you anticipating?
  • Jun 7, 2013, 07:09 PM
    Handyman2007
    I agree that this is an odd question. As a private contractor, my entire income is based on my clients paying their bills. That is what self employment is.
  • Jun 8, 2013, 04:18 AM
    Fr_Chuck
    It may depend on the contractor, if the contractor also owns rental property, then they have other income, if the contractor also holds a regular job, they would also have that income.

    But a contractor is a person who does work for others, normally that work provides their only income.

    This is just a statement of fact, merely look up definition of contractor.

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