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1099 Risk Blog

April 2009

Accounting Blog Directory

April, 23 2009
Posted by Liz Greene | Comments: (0)

Clamp down on “maverick” spend.  As compliance programs are only effective if they are used, executive buy-in and a strong communications program are critical. Check that contractors are not being engaged as “maverick” spend by managers unwilling to participate in the compliance program. Often, if a contractor fails compliance...

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April, 10 2009
Posted by Dave Putt | Comments: (0)

As our senior management representative handling new customer implementations, I’m privy to some of the best facial expressions business executives have to offer. A few weeks ago, I visited a new customer to begin implementing our Independent Contractor Compliance services, which included...

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April, 10 2009
Posted by Liz Greene | Comments: (0)

Ready for independent contractor classification tip #7? Here it is: "Maintain electronic records on each independent contractor for instant audit defense". You or your 1099 compliance vendor should maintain an electronic compliance file on every independent contractor you engage. Check to find out...

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April, 3 2009
Posted by Dave Putt | Comments: (0)

Last fall, I learned of a curious event in the world of Independent Contractor risk:  a government agency was being audited by the IRS for its use of Independent Contractors. The audit found the agency to be liable, and the IRS levied penalties.  Although the fines did not seem to be of the level I have seen with private industries, it did come with the stipulation that the agency clean up its act in the next six months or it would...

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Recent News

MBO Partners Appoints Jay Lash VP of Market Strategies

March 1, 2010 --  MBO Partners appointed Jay Lash as VP of Market Strategies. Lash, formerly with Allegis Group Services, brings over 25 years of experience in contingent workforce management, VMS, MSP, and human capital solutions, and will be focused on building strategic partnerships to make it easier for independent contractors and companies to work together in a business climate of increasingly stringent compliance.

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New Research

Contingent Labor Strategies for 2010 and Beyond

This research from Aberdeen benchmarks performance of 200 companies with respect to contingent workforce management. The study found the risks of contingent labor, particularly independent contractors, must be mitigated, while delivering performance across areas like time, cost, and compliance with labor policies and employment law.

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E-Verify Requirements for Contractors

Jointly produced by Michael Best & Friedrich LLP and MBO Partners, this paper offers a groundbreaking overview of the legal ramifications and risks for federal contractors required to use E-Verify, with particular attention to how the new regulations apply to independent consultants, independent contractors, small vendors, and other sub-contractors.  Get the paper here!

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