Hollywood Workers Face Uncertainty Over Loan-Out Corporations

California's Employment Development Department clarifies it is not banning loan-out companies, but concerns remain over potential tax implications.

Hollywood payroll company Cast & Crew alerted workers about a state review of loan-out company activities.
Loan-out corporations help entertainment workers organize employment records and access tax benefits.
The EDD stated it aims to ensure tax compliance without banning loan-out companies.
Hollywood unions are actively engaging with the EDD to address the issue.
The outcome of the review could significantly impact employment practices in the entertainment industry.