Expert Payroll Services for Independent Contractors

F.I.C. helps businesses manage contractor payments, 1099 reporting, payroll records, and year-end compliance with clarity and consistency. Whether you work with a few independent contractors or a growing distributed team, our experienced financial professionals help reduce administrative burden, improve reporting accuracy, and keep your records ready for tax time.

Contractor payroll and 1099 documents on desk

Our Contractor Payroll Services

Integrated contractor payroll, 1099 filing, bookkeeping, and compliance support for businesses that need accurate financial records.

Payroll Processing

F.I.C. manages contractor and payroll payment workflows, helping businesses track issued payments, maintain accurate records, and prepare required year-end forms such as 1099s, W-2s, 940s, and 941s.

1099 Preparation

We help prepare contractor 1099 forms at year end, using organized payment records and vendor information to support accurate reporting and reduce avoidable filing issues.

Contractor Bookkeeping

Bookkeeping support keeps contractor payments properly recorded, categorized, and reconciled, giving business owners cleaner records for payroll reporting, tax preparation, and financial decision-making.

FIC Package

The FIC Package combines bookkeeping, payroll, sales tax, advisory services, business tax returns, and personal tax returns for businesses that want coordinated financial support.

Comp Audit Support

F.I.C. assists with workers’ compensation audits by reviewing payroll records, classifications, and insurance documentation to support accurate reporting and compliance.

Payroll Advisory

Our advisory services help business owners understand payroll costs, contractor reporting obligations, and financial trends so they can make informed operational decisions.

Payroll specialist reviewing contractor payment records

Our Contractor Payroll Process

Review Contractor Payroll Needs

We review your contractor roster, payment frequency, accounting setup, and year-end filing needs. This helps identify missing W-9s, unclear classifications, software access requirements, and any bookkeeping gaps before payments or forms are processed.

Set Up Clean Records

Process Payments Accurately

Prepare Year-End Forms

Review And Improve

The F.I.C. Difference

Why Choose F.I.C.?

F.I.C. brings deep financial experience and practical systems to contractor payroll management.

Experience

Over 35 years helping businesses manage accounting, tax, payroll, and complex financial situations.

Integrated Support

Payroll, bookkeeping, tax preparation, advisory, and insurance support are coordinated under one firm.

Custom Solutions

Contractor payment workflows are tailored to your business structure, reporting needs, and growth plans.

Smart Technology

F.I.C. uses modern accounting tools to improve accuracy, efficiency, and real-time financial visibility.

Meet The F.I.C. Team

Experienced financial professionals supporting accurate contractor payroll systems.

Portrait of Al Beheary, CEO of Financial Innovations Consulting

Al Beheary

CEO

Al Beheary serves as CEO of Financial Innovations Consulting (F.I.C.), bringing entrepreneurial vision and deep expertise in international and inter-state government accounting to the firm. With a strong background in investment strategy, Al works closely with individuals and companies to organize their finances, align their investment portfolios, and achieve their long-term financial and retirement goals. His leadership has guided F.I.C. through over 35 years of growth, expanding the firm from its Chicago roots to a multi-office organization with an international presence in Ireland and Egypt. Al's commitment to empowering clients with knowledge and personalized financial solutions remains at the core of everything F.I.C. does.

Portrait of Siobhan Kieran, COO of Financial Innovations Consulting

Siobhan Kieran

COO

Siobhan Kieran serves as Chief Operating Officer of Financial Innovations Consulting (F.I.C.), bringing extensive experience working with both individuals and large multinational corporations. As a seasoned risk manager, Siobhan specializes in identifying potential financial setbacks and equipping clients with the foresight and long-term safeguards needed for personal and professional success. Her expertise spans strategic planning, operational oversight, and risk mitigation, making her an invaluable resource for clients navigating complex financial landscapes. Siobhan's client-centric approach and commitment to delivering proactive, comprehensive financial strategies reflect F.I.C.'s core values of transparency, integrity, and excellence.

Portrait of Mary Kay, Administration and New Business Specialist at Financial Innovations Consulting

Mary Kay

Administration/New Business Specialist

Mary Kay serves as Administration and New Business Specialist at Financial Innovations Consulting (F.I.C.), playing a key role in welcoming new clients and ensuring seamless onboarding experiences. With a detail-oriented and client-focused approach, Mary Kay helps individuals, families, and business owners navigate the first steps of their financial journey with F.I.C. Her organizational expertise and dedication to exceptional service contribute to the firm's reputation for personalized, responsive client care. As part of F.I.C.'s experienced administrative team, Mary Kay helps uphold the firm's commitment to clarity, transparency, and making every client feel supported from day one.

Portrait of Thomas Sandhof, Administration and Retention Specialist at Financial Innovations Consulting

Thomas Sandhof

Administration/Retention Specialist

Thomas Sandhof serves as Administration and Retention Specialist at Financial Innovations Consulting (F.I.C.), focusing on nurturing long-term client relationships and ensuring ongoing satisfaction with the firm's services. Thomas plays a vital role in maintaining the trust and loyalty of F.I.C.'s diverse client base, which spans individual taxpayers, small business owners, and large corporations. His dedication to client retention reflects F.I.C.'s core belief that lasting financial partnerships are built on consistent communication, reliability, and personalized attention. Thomas works to ensure that every client continues to receive the high-quality financial guidance and support they expect from F.I.C.

Portrait of Aine Breen, Administrative Assistant at Financial Innovations Consulting

Aine Breen

Administrative Assistant

Aine Breen serves as Administrative Assistant at Financial Innovations Consulting (F.I.C.), providing essential support that keeps the firm's daily operations running smoothly and efficiently. Her organizational skills and commitment to excellent service ensure that clients, colleagues, and partners receive timely, professional assistance across all of F.I.C.'s service areas. Aine's contributions help maintain the high standards of accuracy and responsiveness that F.I.C. is known for across its Chicago headquarters and beyond. Her dedication to supporting both the team and the clients she interacts with reflects the firm's client-centric values and commitment to operational excellence.

Portrait of Matt McDowell, Marketing Specialist at Financial Innovations Consulting

Matt McDowell

Marketing

Matt McDowell serves as Marketing Specialist at Financial Innovations Consulting (F.I.C.), responsible for communicating the firm's comprehensive range of financial services to clients across Chicago, the United States, and internationally. Matt plays a key role in building F.I.C.'s brand presence and helping individuals, families, and business owners understand how the firm's expertise can address their unique financial needs. His work supports F.I.C.'s mission to be a trusted, accessible financial partner for a diverse clientele. Through targeted marketing strategies, Matt helps connect those facing complex financial challenges with the expert guidance F.I.C. has provided for over 35 years.

Portrait of Sara Peterson, Insurance Assistant at Financial Innovations Consulting

Sara Peterson

Insurance Assistant

Sara Peterson serves as Insurance Assistant at Financial Innovations Consulting (F.I.C.), supporting the firm's comprehensive insurance services for individuals, families, and businesses. Sara assists clients in navigating insurance options, policy details, and coverage solutions, ensuring they have the protection and clarity they need to make confident decisions. Her role is integral to F.I.C.'s one-stop financial services model, which combines accounting, tax, retirement planning, and insurance under one roof. Sara's attentive, client-focused approach helps ensure that every insurance client receives accurate information and responsive support, reflecting F.I.C.'s commitment to excellence and transparency.

Portrait of Cara Kennedy, Irish Logistics Specialist at Financial Innovations Consulting

Cara Kennedy

Irish Logistics

Cara Kennedy serves as Irish Logistics Specialist at Financial Innovations Consulting (F.I.C.), managing the firm's operational coordination from its international office in Drogheda, County Louth, Ireland. Cara plays a critical role in supporting F.I.C.'s international service delivery, helping bridge the firm's Chicago-based operations with its European clientele and partners. Her expertise in cross-border logistics ensures that clients in Ireland and beyond receive the same high standard of financial service that F.I.C. is known for across the United States. Cara's work reflects F.I.C.'s commitment to providing seamless, globally connected financial solutions for an increasingly international client base.

Frequently Asked Questions

Can I use QuickBooks payroll for 1099 employees?

Yes. QuickBooks Payroll can help businesses pay independent contractors and prepare 1099 forms, but contractor setup, payment categorization, and year-end reporting must be handled carefully. Independent contractors are not technically “1099 employees,” so they should be tracked separately from W-2 staff. F.I.C. can help review your payroll workflow, records, and required filings for accuracy.

What is included in payroll services for independent contractors?

How much do contractor payroll services cost?

When do I need to issue a 1099 to a contractor?

How do I know if someone is a contractor or employee?

Can payroll and bookkeeping be handled together?

What information is needed to start contractor payroll?

Can F.I.C. support contractors in multiple states?

Still Have Contractor Payroll Questions?

Get clear guidance on contractor payments, forms, and compliance.

Trusted Experience

Awards and Recognition

Over 35 years experience recognition

35+ Years Experience

Over three decades of financial consulting experience.

One-stop financial solutions recognition

One-Stop Financial Firm

Accounting, tax, payroll, insurance, and advisory support.

International financial consulting recognition

International Presence

Chicago-based expertise with international office support.

Simplify Contractor Payroll With F.I.C.

Tell us about your contractor payment process, filing needs, and business structure. Our team will review your situation and explain the best next steps clearly.

Contact Us Today

For immediate assistance, feel free to give us a direct call at (773) 202-9393. You can also send us a quick email at TAX@FICMN.COM.