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California Contractor Form Withholding

Category:
Construction - Contractors - Excavation
State:
California
Control #:
CA-P051-PKG
Format:
Word; 
Rich Text
Instant download
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Description

This package contains essential legal documents for Excavation Contractors to use to assert their legal rights or claims and to address important legal issues regarding particular residential excavation, backfill, grading or hauling projects. The heart of this package is an excavation contract that complies with state law.


Included in your package are the following forms:


1. An Excavation, Backfill, Grading and Hauling Contract - Cost Plus or Fixed Fee


2. A Change Order Sheet


3. A Certificate of Completion


4. A Weekly Equipment Summary


5. A Worker Safety and Health Plan


6. A Summary of Estimate


7. A Bid Log


8. A Bid Follow Up Letter and


9. A Construction Project Information Sheet.


Purchase this package and save more than 50% over purchasing the forms separately!


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  • Preview California Excavation Contractor Package
  • Preview California Excavation Contractor Package
  • Preview California Excavation Contractor Package
  • Preview California Excavation Contractor Package

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FAQ

The withholding agent requests that the nonresident payee completes, signs, and returns Form 587 to the withholding agent when a contract is entered into and before a payment is made to the payee.

What is the withholding rate for domestic (nonforeign) partners? The withholding rate is 7 percent of the following: Gross payments made to nonresident independent contractors for services performed in California. Gross payments made to nonresident recipients of California rents or royalties.

Your payer must take 7% from your California income. Backup withholding: Replaces all other types of withholding.

Use Form 587, Nonresident Withholding Allocation Worksheet, to determine. if withholding is required and the amount of California source income subject to withholding.. Withholding is not required if payees are residents or have a permanent place of business in California.

Independent contractors in California are subject to a 15.3% tax, 12.4% for Social Security and 2.9% for Medicare.

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