Of course you can’t fully determine your tax liability for next year until you know what your profits and losses will be. But you can get a good idea of what the tax rules will be and how to prepare for them.

Senate Bill 459 Regarding Independent Contractors
Effective January 1, 2012, California has a new law — Senate Bill 459 (SB 459), which significantly increases the penalties that can be assessed against employers who willfully misclassify as independent contractors individuals who should be treated as employees.


