earlyspring
New Member
I wish to work as an independent agent for a company selling pre-paid legal services.
To work with them, it's required that I fill out a W9, where I need to certify that I'm not subject to backup withholding. Unfortunately, I had to draw a line through that question, because I AM subject to witholding.
The company's finance person was kind enough to tell me that she's not even sure if it's legal for them to refuse to work with me, simply because they'd have to withhold a portion of any commission I made, working with them. (31%). They'd rather just wait until I've worked things out with the IRS (at the beginning of 2004, hopefully), but they haven't said flat out "no, we won't work with you now", presumably, because they don't know if they CAN say that.
I, of course, would rather start selling, and making money, now.
So, can anyone tell me: can an applicant to be an independent agent/broker, who would receive commission checks as his only form of compensation, be refused by a company solely because he is subject to backup withholding, and would have to have a percentage of his commissiion witheld?
Thanks in advance! I appreciate your help.
To work with them, it's required that I fill out a W9, where I need to certify that I'm not subject to backup withholding. Unfortunately, I had to draw a line through that question, because I AM subject to witholding.
The company's finance person was kind enough to tell me that she's not even sure if it's legal for them to refuse to work with me, simply because they'd have to withhold a portion of any commission I made, working with them. (31%). They'd rather just wait until I've worked things out with the IRS (at the beginning of 2004, hopefully), but they haven't said flat out "no, we won't work with you now", presumably, because they don't know if they CAN say that.
I, of course, would rather start selling, and making money, now.
So, can anyone tell me: can an applicant to be an independent agent/broker, who would receive commission checks as his only form of compensation, be refused by a company solely because he is subject to backup withholding, and would have to have a percentage of his commissiion witheld?
Thanks in advance! I appreciate your help.