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A contract job is simply a way of saying you will be on a 1099 position.  They do this so you get no ideas that you will be receiving W2 employment. It's a nice way of saying, "We don't want to hire you, but want to use you as a contractor as we need you."

 

Generally all freelancers are taking on contract work whether or not a contract is involved..it's still considered "Freelance Work" with no permanent/long-term employment (benefits, paid vacation, paid taxes, etc...).

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