CA Independent Contractor Withholding – Where Do YOU Stand?

I just heard last night about a California state proposal to begin to require companies to withhold three percent of all monies paid to 1099 independent contractors.  MANY organizations are opposing this for the following reasons: Extra costs for local governments to enforce the withholding Extra costs for businesses to administer the withholding This is not incremental revenue for the state...just accelerated revenue These are some good reasons...but I have a few more … [Read more...]