
What If I Don't Pass?
If an MBO compliance assessment determines that you do not comply with the IRS's guidelines for independent contracting and you would still like to pursue (or continue) your contract, you must either become compliant or convert to a W-2 employment program.
If you wish to become compliant, MBO Partners can help you do so. Our compliance assessment produces a document outlining why you were found to be non-compliant. You can use this document as the foundation for achieving compliance in the future.
The other alternative is to convert to a W-2 employment service. Our clients typically direct non-compliant consultants to engage through MBO Partner’s MBO Exec service, a W-2 employment alternative designed to reproduce the best aspects of working independently in a W-2 environment. Using the MBO Exec service, you'll enjoy many of the same advantages as self-employment (e.g., reimbursed business expenses, flexible work style, etc.), but combine access to the benefits and convenience traditionally associated with W-2 employment (health/dental insurance, retirement plans, automatic tax withholdings, etc.). Talk with our experts to learn more.
