Frequently changing tax regulations are motivating companies to protect themselves from Federal and State audits regarding employee misclassification violations. Companies are choosing to pay their independent/direct contractors (those without an agency) through a 3rd party pass-through service.
Solutions include:
• W2 Employee Conversions
• 1099 Contractor Conversions
• Corp-to-Corp Processing Conversions
Employer of Record
ICS properly classifies and engages temporary workers either as independent contractors in a Corp. to Corp. environment or W-2 employees as their Employer of Record. In this role we provide and ensure the following:
• Risk Management/Compliance Management
• Mitigate Co-employment issues
• Vetting Process to ensure appropriate employee classification (W2, IC, Corp. to Corp.)
• Appropriate taxes withheld on a W-2 basis
• Invoice Consolidation (electronic invoicing available)
• Employee expense reimbursement
• Worker’s Compensation Insurance
• Unemployment Insurance
• General and Professional Liability Insurance
• Employment Eligibility Verification (I-9)
• Background Screening Verification (optional)
• Drug Testing (optional)
• E-Verify
Our Pass-Through services include:
• Benefits – Health, dental, eye care, short/long term disability, 401(K) and life insurance
• Electronic Time Cards – accurate reporting, and online approval processes
• Reporting – Detailed usable and frequent reporting on all contingent worker spend