Workers' Compensation Overview
Topsheet acts as your employer of record when you work on a payroll project through us. Topsheet handles the following things for you:
- Act as the employer of record for W2 employees and loan-outs (1099s with EINs) against Topsheet's EIN and workers' compensation insurance policy.
- Automatically acts as a payment processor for contractors (1099s with social security numbers) against client's EIN and insurance policy.
|Classification||Payment||Payroll and Workers' compensation|
|W2 Employees||Topsheet||Topsheet's EIN and WCI|
|Loan Outs (1099 with EIN)||Topsheet||Topsheet's EIN and WCI|
|Contractors (1099 with SS)||Topsheet||Client's EIN and Insurance Policy|