spectras only
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Well, welcome to the socialistic approach to the business/subcontrator restructuring program.
In the past, I was a camera technician, subcontracting during the 70's& 80's in Vancouver BC.As a subcontractor, I could do business at home and at a business. We had an agreed pay scale of 60/40, me getting 60%, doing piecework. I paid my own BC medical/dental and my taxes and deductions. I was able to deduct a small portion of my house [ one room ] and use of my vehicle, fuel and maintenance. It did work fine until, the federal and local provinces got together and got away from the long existing subcontracting policies. Was not able to do the deductions anymore, unless I did 75% of my business at home.There were numerous times during the decades with the economy tanking, but managed bouncing between local camera service companies. None of them could afford to put me on a payroll with benefits. Pretty much all the small companies went tits up in the late 80's. I got a job with CREO, an upcoming company with huge promise of good work and benefits. It was great until, we got bought by Kodak for $1B. We got into the down spiral of the economic downturn in 2008 and went into bankruptcy protection for years. I retired 3 yrs ago from Kodak that became a shell of its former glory. Our benefits shrunk like a wiener in cold water since 2008 too.
So, welcome to the Newsom guys with old ideas from the past of our social programs in the Great White North.
Next deductions will be eliminated in California is the tax write off of mortgage interests on your houses and boat loan interests if you still have those.
In the past, I was a camera technician, subcontracting during the 70's& 80's in Vancouver BC.As a subcontractor, I could do business at home and at a business. We had an agreed pay scale of 60/40, me getting 60%, doing piecework. I paid my own BC medical/dental and my taxes and deductions. I was able to deduct a small portion of my house [ one room ] and use of my vehicle, fuel and maintenance. It did work fine until, the federal and local provinces got together and got away from the long existing subcontracting policies. Was not able to do the deductions anymore, unless I did 75% of my business at home.There were numerous times during the decades with the economy tanking, but managed bouncing between local camera service companies. None of them could afford to put me on a payroll with benefits. Pretty much all the small companies went tits up in the late 80's. I got a job with CREO, an upcoming company with huge promise of good work and benefits. It was great until, we got bought by Kodak for $1B. We got into the down spiral of the economic downturn in 2008 and went into bankruptcy protection for years. I retired 3 yrs ago from Kodak that became a shell of its former glory. Our benefits shrunk like a wiener in cold water since 2008 too.
So, welcome to the Newsom guys with old ideas from the past of our social programs in the Great White North.
Next deductions will be eliminated in California is the tax write off of mortgage interests on your houses and boat loan interests if you still have those.