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  1. #1

    sales Reps being taxed

    [Starting January 1st, everyone will be transitioning from independent contractors into a W-2 employee. This means when commissions are paid, federal and state taxes will be deducted. This also means we will be moving to a weekly payday schedule. You will still be a Commission-Only employee but every deal that is closed and funded from Monday until Friday will be paid via direct deposit the following Friday.


    Did anyone here anything about this?

  2. #2
    Senior Member Reputation points: 23702
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    sales Reps being taxed

    Unless we all work at your company, no we haven't.

  3. #3
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    Quote Originally Posted by Checmate View Post
    [Starting January 1st, everyone will be transitioning from independent contractors into a W-2 employee. This means when commissions are paid, federal and state taxes will be deducted. This also means we will be moving to a weekly payday schedule. You will still be a Commission-Only employee but every deal that is closed and funded from Monday until Friday will be paid via direct deposit the following Friday.


    Did anyone here anything about this?
    In honor of the release of rthe new Star wars which I must say was a very good movie. To the person who posted this I am

    Confused I am work with you I don't
    YODA
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  4. #4
    Senior Member Reputation points: 10944
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    Quote Originally Posted by J.Celifarco View Post
    In honor of the release of rthe new Star wars which I must say was a very good movie. To the person who posted this I am

    Confused I am work with you I don't
    YODA
    Bust it you must Yoda!

  5. #5
    Gentlemen, thank you for the colorful comments, you've made my day....

  6. #6
    Senior Member Reputation points: 301165
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    Quote Originally Posted by Checmate View Post
    Gentlemen, thank you for the colorful comments, you've made my day....
    can you explain what you are talking about

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