Tax Law Changes For 2012: What You Need To Know

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.

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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.

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