Proven solutions to help avoid the tax and co-employment risks involved with misclassified contingent workers
The Collabrus independent contractor (IC) evaluation solution uses expert tools and professional review to determine compliance status, deliver defensible worker classifications and documentation for existing and new contractors, and offer solutions for engaging misclassified workers.
- Collabrus gathers detailed information about the contractor and the project for our compliance team to review and delivers a written report with a classification determination
- For qualified independent contractors we create a compliance file to document their status determination
- For contractors found to be misclassified we outline the potential negative financial consequences and present several employment alternatives
A 1099 audit can be costly for your organization, resulting in retroactive payroll tax liabilities, fines and claims for benefits from misclassified employees. Collabrus helps to mitigate these risks by creating a program that enables your managers to secure the specialized talent they need, while ensuring that each contractor and supplier relationship meets federal and state guidelines.