assembly person: California's Forced Independent Withholding Proposal - 07/01/09 01:21 PM
The state of California is currently looking at a forced independent withholding proposal.  This proposal will force those making payments to independent contractors to withhold 3%. This provision was included in a budget gap proposal approved earlier this week by a Budget Conference committee in the California legislature. C.A.R. opposes this FORCED OVER WITHHOLDING because it unfairly singles out independent contractors to shoulder the burden of the state's budget troubles and because it fails to address systematic problems in California's budgeting process. 
Here's how the proposal would work:
When an agent closes a transaction, they are typically paid their commission by their … (2 comments)

 

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