This was sent to me for my travel business that I have. I wanted to share this with you as we do independent contracting especially with staging. Just another thing to worry about. Please email or call so this does NOT happen. Take a stand NOW!!!
To all California-based Business Owners:
December 18, 2008
California
Independent Contracting Income Tax Withholding Proposals
DESCRIPTION: There is a Democratic budget package proposal in the California Assembly and Senate to institute a 3% income tax withholding on businesses that do independent contracting.
This Democratic proposal would also require businesses to withhold taxes on payments above $600 made to independent contractors, as they are now required to do with salaried employees.
STATUS: The Assembly and Senate could vote on this proposal TODAY.
URGENT ACTION NEEDED: Please contact Democratic California Assembly and Senate members IMMEDIATELY and ask them to oppose any independent contractor withholding proposal. Additionally, if you have offices or manufacturing facilities in a legislator's district, please mention that as well.
Please contact your California-based distributors and request that they make telephone calls to their legislators TODAY.
TALKING POINTS:
Please use the following as suggestions when calling or sending e-mails to California legislators:
** Independent contractor withholding would substantially hurt or business by reducing the sales force of direct selling companies, negatively impacting the economy.
** The administrative costs of independent contractor withholding would outweigh the minimal amount of any revenue actually collected, but it would most definitely hurt direct sellers. Democratic California Senate Members' Contact Information:
Lori Kim Polk is the Founder and Lead Designer of Artful Journey Designs and Staging, a full service Home Staging and Design Corporation combined with Ryan Dressel from Staged Right Design located in Roseville, California. Recently featured in Sacramento Magazine, Sacramento News and Review, KFBK radio and SMUD's Home of the Future. We proudly service Granite Bay, Rocklin, Lincoln, Sacramento and surrounding areas. Call us today at 916-300-0402 for our premier services.
I wish this was a positive post, I really do, but I felt that this was very important....I just can't pay out any more than I already do and create income for myself. This will affect us all, thank you for following up!
This will affect all of us who own our staging businesses... so it should be taken seriously. This is a lot of great information , thanks for sharing this!
Did you read an update on this. It was passed by the Democrats yesterday. This is a portion of the update from CAR on the subject:
The Democrats contended that the combination of fee and tax increases only required a majority vote - instead of a two-thirds vote - for approval and, ultimately, the budget gap package was passed to the Governor with only Democrats voting "aye." However, Governor Schwarzenegger announced late yesterday that he was going to veto the package because it failed to also contain the additional program cuts and economic stimulus provisions that he is seeking.
Hi everyone. I truly hope that this was vetoed by our Governor. I have not heard anything as of yet, But I am glad that CAR made mention of it. I does has to do with all business here in CA.
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Hi there,
Thanks for this info. I'm surprised I didn't hear it anywhere from CAR? I'll call my legislative advocate tomorrow.
Thanks a bunch!