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Written by Administrator
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Wednesday, 28 February 2007 |
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IProfessional.com is a professional consultant's dream by acting as the back-office for independent consultants and by providing W-2 withholding services, tracking and documentation of deductions, insurance and retirement deduction and distributions. Their systems and services are designed to "maximize your earning potential without compromising your independence".The IRS, as of late, has been paying close attention to consultants and the methods they utilize to obtain payment for services rendered. This means that the other end of the transaction, the client’s payment for services has jointly been a target as well. From the potential client's point of view, the risk inherent in hiring an independent consultant is mitigated via the consultant's use of a pass through agency such as IProfessional.com.
Utilizing these services effectively relieves the administrative overhead currently so much of a consultant's business and allows you to provide full attention to servicing your clients. A permanent "Employer of Record" also supports a vehicle to cleanly and smoothly transition between clients and contracts without ill affects to your credit worthiness and the inputs regularly used to calculate the same. Normally, the transitive nature of being a consultant is treated as a penalty based on frequent changes between employers. |
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Last Updated ( Wednesday, 28 February 2007 )
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