ERO Independent Contractor Agreement

Key Sections of an ERO Independent Contractor Agreement (Cutting Edge Version)

1. Parties & Purpose

• Identifies the ERO business and the independent contractor.
• States that the contractor will assist with tax preparation, filing, and related services.

2. Independent Contractor Status

• Clarifies that the contractor is not an employee.
• Contractor is responsible for their own taxes, insurance, and licensing.
• No benefits, unemployment, or workers’ comp from the ERO.

3. IRS & Circular 230 Compliance

• Contractor must follow IRS rules for EROs, preparers, and tax professionals.
• Acknowledges compliance with Circular 230 standards.
• Requires maintaining active PTIN (Preparer Tax Identification Number).