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Interpreting Business Terms

Horizontales
Item signed over to be forefitted should an agreement not be fulfilled.
An individual you have chosen to consult with and guide you professionally.
Placing earned funds into your account.
Signed legal agreement between two parties for exchange of professional services and compensation.
A person who you support at least 51%.
When an incurred expense (parking, mileage, etc.) is paid back to the individual.
Potential legal risk involved in providing professional services.
What a business expense is called in tax terms.
Professional ethical obligation that mandates interpreters to maintain the privacy of their clients and assignment information.
Funds from your earnings the employer keeps to send to government entities.
Proactively planning and managing your potential income and your expenses.
Behaviors that are in line with professional expectations of the oversight organization.
Verticales
Funds earned in excess of your expenses.
When earnings are not sufficient to cover expenses.
A person who analyzes, keeps, and formalizes financial documentation.
Formal documentation from a professional oversight organization regarding skill level.
How often IRS prefers Indepent Contractors/Self Employed to pay their anticipated taxes.
Coverage purchased to offset potential liability expenses.
What type of worker gets a 1099
What kind of worker gets a W2
Removing earned funds from your account.
Document an individual presents to the paying entity for compensation.
State permission to provide services within a particular profession.
Formal recognition from an academic institution of completion of learning requirements.
Measurement of work related distances you drive based on your odometer or navigation software documented for tax purposes.