Proven solutions to effectively manage your independent contractor (1099) workers
Independent contractors (ICs), are an important component of any flexible workforce strategy, but if improperly classified can result in significant tax and co-employment liability. 1099 workers can also create unplanned administrative burdens such as worker classification, contracting, compliance files, , multiple invoice processing, payment processing, and time consuming inquiries and support requests from consultants.
- IC Compliance Audits & Risk Assessment for existing IC populations & processes
- Background and reference checks
- Project and IC Qualification
- IC compliance files
- IC contract administration
- IC EDD reporting (in California)
- Online Milestone and/or Time Reporting
- IC Payments and tax filing
- Consolidated billing of all IC work
- IC compliance monitoring: Quarterly & End of Engagement Assessments
- Management Reporting: IC Population
- Risk Assessment & Periodic IC Compliance Audits
- Professional Service Coordinator for the IC Population
Tools and Education Programs:
- Change Management Plan
- Compliance 101 Workshop: Your Role in Managing Tax & Co-employment risk
- Dos and Don’ts for working with Independent Contractors
- Scope of Work (SOW) that drives Results
- One-one coaching: IC Qualification and Tax Compliance
Benefits to your organization
With Collabrus you gain a single-source provider of IC compliance services and your 1099 independent contractors can be paid directly by Collabrus. Other benefits to your organization include:
- Consolidate your consultant invoices to reduce administrative costs
- Standardize your consultant intake and compliance process to help ensure quality and compliance control
- Centralize 1099 independent contractor payments and reporting to manage project durations and 1099 costs
- Web-based, online time and expense reporting to increase efficiency, reduce errors, and save management time
- Provide online status reports for your consultants and managers to reduce consultant distractions and administrative costs
- Eliminate 1099 paperwork processing and year-end tax filing
