If you`re a freelancer or an independent contractor, chances are you`ve heard of a 1099 agreement. This agreement is an essential document that outlines the terms and conditions of your working relationship with your client. If you`re looking to create a 1099 agreement for your work, you may want to check out the resources available from the Society for Human Resource Management (SHRM).

The SHRM is an organization that provides resources and support for HR professionals. However, their resources are not limited to HR practitioners only. They also have resources that are helpful for freelancers, small business owners, and independent contractors. One of these resources is their sample 1099 agreement.

The SHRM`s sample 1099 agreement is a template that you can use to create your own agreement. The template is designed to be comprehensive and covers all the critical aspects of the working relationship between you and your client. Some of the areas that the template covers include:

– Payment and compensation schedule

– Project scope and deliverables

– Confidentiality and non-disclosure

– Intellectual property rights

– Termination and cancellation

One of the advantages of using the SHRM`s sample 1099 agreement is that it`s designed to be legally compliant. The template has been reviewed by legal experts and is updated regularly to ensure that it`s up-to-date with the latest regulations and requirements. By using the SHRM`s sample 1099 agreement, you can be assured that your agreement is legally sound and meets all the necessary requirements.

Another advantage of using the SHRM`s sample 1099 agreement is that it can save you time and effort. Creating an agreement from scratch can be time-consuming, especially if you`re not familiar with the legal requirements. By using a template, you can save yourself the hassle of trying to figure out what to include in the agreement. Instead, you can focus on customizing the template to fit your specific needs.

To access the SHRM`s sample 1099 agreement, you will need to be a member of the SHRM. However, even if you`re not a member, there are plenty of other resources available online that can help you create a 1099 agreement. Some of these resources include legal websites, business associations, and online communities for small business owners and freelancers.

In conclusion, a 1099 agreement is an essential document for freelancers and independent contractors. It outlines the terms and conditions of the working relationship between you and your client. If you`re looking to create a 1099 agreement for your work, you may want to consider using the resources available from the SHRM. Their sample 1099 agreement is comprehensive, legally compliant, and can save you time and effort.