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overview IC Process
Be certain of your compliance.
ICon² protects companies from the potential risks and financial consequences associated with independent contractor misclassification by providing the tools to accurately evaluate the relationship between your company and your contractor workforce.
For independent contractors, this means ICon² ensures compliance with taxing authority guidelines and regulations, protecting your company from consequences associated with government tax audits. If contractors do not comply, ICon's real-time advocacy assists them to become compliant or to be reclassified. We add audit support, document collection, secure invoice submission, and tax reporting to ensure your workforce classification is bulletproof during an audit – saving you the significant expense of back taxes, fines and penalties.
Developed through a Big 4 Accounting Firm, and one of the nation's leading law firms, ICon² for independent contractors provides:
- Web-based Independent Contractor Classification Tool
- Background Screening
- Independent Contractor Consolidated Billing
- Audit Support
- Risk Calculator
- Reporting
- Status recommendations within minutes
- Document collection and retention
- Secure submission and approval of invoices
- Oracle integrated consolidated billing
- Issues and reports year-end 1099s
ICon² ensures compliance with an automated, online qualification process that protects and streamlines your business.
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