Resources

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Calculate Your Worker Misclassification Risk

By MBO Partners

Why a Risk Assessment is Important Discussion of independent contractor misclassification seems to be everywhere nowadays. And while most now acknowledge that threat of reclassification is real and growing, most businesses don’t know how to quantify this risk. This isn’t surprising. IC reclassification penalties are highly variable and may rise and fall at the discretion of…

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7 Tips for Writing a Client Report (with Sample Report)

By MBO Partners

Writing a client report is essential for communicating your progress on a project and managing and building positive relationships with clients.   What is a Client Report?  Client reports help you and your client measure progress, identify any barriers or issues, and ensure that you are working toward the same goals.  Your written client report could…

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Compliance Risk Assessment Tool for Independent Workforce Engagement

By MBO Partners

Because there is risk associated with hiring independent contractors, preparation is key. Often, misclassification can be unintentional because businesses simply do not have a full understanding of the laws regarding how to classify their workers. However, it can also be done intentionally to reduce labor costs or avoid payroll taxes. Regardless of why misclassification occurs, it…

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What to Include in a Consultant Scope of Work

By MBO Partners

Learn the critical components to creating a Scope of Work (SOW) document to properly plan and manage your projects.

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5 Things You Need to Know about IR35

By MBO Partners

IR35 refers to a set of UK legislation designed to combat tax avoidance by independent contractors and the businesses that engage them. This shifts the responsibility of worker classification, as well as the associated risks, to the businesses. Despite widespread negative industry feedback, IR35 changes will go into effect in the Private Sector in April…

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