ICon Professional Services | Risk Calculator

Risk Calculator

ICon invites everyone to use this Risk Assessment Calculator to assess your company's potential exposure for misclassification of independent contractors.

Please fill in information about your company's independent contractor workforce below and click Calculate.

The system will calculate a figure that generally describes your company's potential liability based upon statistics furnished by the General Accounting Office (GAO).

Average Hourly Pay Rate:
Average Number of Contractors per Year:
Average Hours Worked per Week:

	Results
Projected Annual Cost:
Financial Risk Exposure:

The Financial Risk Exposure generally describes your company's liability for state and federal back taxes and penalties based upon statistics furnished by the General Accounting Office (GAO).

The Risk Calculator is provided as a general guideline to help determine potential employer taxes and liabilities in the event of an audit examination. The calculator utilizes a set of underlying assumptions in addition to the data you provide. Thus, it may or may not illustrate all your potential financial risks.