IC Compliance

Independent Contractor (IC) Compliance

Penalties associated with independent contractor misclassification can result in costly consequences. Businesses must be vigilant in evaluating and applying the correct criteria for 1099 status. As the landscape of IC compliance evolves, we help organizations to identify and correct potential pitfalls before they become problematic.

ObjectWin ensures compliance and risk management by successfully leveraging a scalable approach to independent contractors while protecting your company through a rigorous standardized screening preventing potential misclassification audits. We have the capability and expertise to manage all aspects of IC compliance on an ongoing or per-engagement basis. We utilize a meticulous evaluation process to perform a 1099 compliance audit that exposes potential liabilities. We then work by your side to execute lasting solutions that protect your organization from further risk.

Our IC Evaluation Process

  Gather 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

Features

  Organization-wide risk mitigation

Compliance management software

  Co-employment and 1099 classification audits

  IC compliance liability reduction strategies

Contractor evaluation services

  Invoice management and payment

  Comprehensive program reporting

  Program quality assessment

Ongoing training and education

Payroll service support