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What does IPS have to offer Independent Consultants?

With the exception of job placement, IPS has everything a consultant needs to be successful. When you become a member of IPS:

  • You are in charge of your business. Each consultant is set-up as a separate and distinct profit center within IPS. You are also provided with a personal assistant who will be responsible for your business activity—contracts, invoicing, accounts receivable, expense reimbursements, payroll, benefit administration, etc. Your personal assistant is available to you to help you run and account for your day-to-day business activity. The management of IPS is also available to you for any questions or advice you need.
  • Your benefits are covered. Group medical, dental, long-term disability. Since IPS is your "home base," as you go up and down on assignments, you retain your stable suite of benefits—No getting used to new plans, new coverages and new rules.
  • You get business expense tax breaks. IPS consultants enjoy business expense reimbursements that business owners receive. You can maximize the spending power of your billable rate by taking advantage of our business expense reimbursement plan. See our list of Business Expense Reimbursements offered in the "Business Expense Accounts" section of our web page.
  • You make an investment in your future. IPS has two pension plans, comparable to none. Immediate vesting, no waiting periods, maximum federally-allowable contributions, and maximum flexibility of investment options. It doesn’t get any better than that!
  • You maintain a stable employer of record. This is useful when applying for a mortgage or for providing information to credit sources. It is also less of a hassle for you come tax time. At year-end, you receive a consolidated spreadsheet of your business activity for the year. IPS takes care of all the government reporting for corporate taxes, welfare plans, expenses and pension administration. You only need to file your personal income taxes for which you will receive one Form W-2.
  • You receive a broad array of corporate insurance coverages. IPS consultants receive all corporate insurances required by your clients. These insurances include comprehensive general liability, professional liability (errors and omissions), workmen’s compensation and additional umbrella coverage.
  • You expand your marketability. Consulting agencies and clients are more willing to accept contracts with consultants associated with an established company with all of the necessary insurance, corporate criteria and financial history. But, don’t be surprised if a consulting agency "suggests" or "requires" you to become a W-2 employee of their company. Before accepting this, first show them your IPS corporation criteria (or we will). Then ask them how this will benefit you over the relationship you currently have with IPS. Consulting Agencies with policies to pay consultants as W-2 employees only, will also pay "corp-to-corp" for the right candidates, as long as they meet corporate guidelines—which IPS does.
  • You make more money. Your billable rate may be the same but your "take home" and savings are greater. By taking advantage of business expense reimbursements and investing in your pension, you maximize the spending power of your billable rate.
  • You join the most experienced management and leaders of the industry. The President of IPS, Michael O’Connor, invented this service and the profit center concept for this service. IPS’ management and personal assistants are also the most experienced in the industry.

It’s clear. IPS offers all the services necessary for Independent Consultants to prosper. IPS is the solution for consultants, running the gamut from the most experienced veterans of consulting to those just entering the consulting arena.

 

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