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home > employees > faq > questions about contracts (w2 only)

Questions About Contracts (W2 Only)

Q. Can I change my employment status from “W-2” to “Incorporated” during an assignment?

This may depend on the client. Some clients do not permit consultants to be self-incorporated. If they do allow this, we simply need your Federal ID number and your signature on a new Corporation-to-Corporation Agreement. You would also be required to submit an invoice on company letterhead (or something similar) along with your time sheet. We offer direct deposit into a corporate account. All corporations are subject to and responsible for their own tax withholding, insurances, invoicing, etc. Questions About Payroll (Inc Only)

Q. I run my own Corporation. When is my money direct deposited into my account?

Corporate direct deposits are transmitted by TPI on Monday and will be in your account by the following Friday.

Q. My Corporation invoices TPI. What happens if my invoice is late?

Accounts Payable is run twice every week. If we do not receive your invoice in time, we will process your invoice in approximately 3 to 5 business days with the next Accounts Payable cycle. Please keep in mind that your time sheet must have been received by the time sheet deadline in order to process your invoice with the next Accounts Payable cycle.

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