UPDATES: January 23, 2018: Weekly Updates

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UPDATES: January 23, 2018: Weekly Updates

Blythe Klipple

30-Year Specialty Logos

Stampin’ Up!’s specialty 30-year celebration logos are now available for demonstrators to use. Please carefully read the logo usage guidelines linked here and make sure your logo use complies with the guidelines. Please note that all use of the 30-year logos must be discontinued on or before December 31, 2018.

New Stamparatus Marketing Tools 

New Stamparatus marketing tools are now available on the Stamparatus page. Check them out here!

Artisan Design Team Blog Links

Whoops! When we announced our new Artisan Design Team, we neglected to include their blog URLs. That has since been corrected. Check them out here, with our apologies!

Updated Logo Products

As you may know, we’ve been in the process of updating the look and feel of our brand. The latest area to receive a refresh is our Logo Products page (Ordering>Logo Products). All of the items have been updated with our new logo and are available to purchase through our logo vendor, Xpressdocs. In addition to updating logo products, we’ve also updated the designs; you’ve now got several options to choose from. Perhaps the greatest news of all is that, as part of this update, we’ve been able to reduce the prices on all logo products by 20% or more!

While we’re on the subject of logo products, we thought this would be a good time to remind you about demonstrator policies. You don’t have to use our approved vendor (i.e., Xpressdocs). If you do decide to use them, you don’t need to get approval. If you decide to use the Stampin’ Up! logo on business cards and don’t go through Xpressdocs, you must email Demonstrator Support for permission.

Here are some reminders:

  • Our approved logo vendor policy with Xpressdocs applies only to North America.
  • (Canada Only): Pricing is in US dollars. Any currency conversion that happens with the credit card provided occurs after the order is placed.
  • (Canada Only): This weekly update will be posted again in Canadian French on January 30.

Visit the Logo Products page to check out the updates.

System Maintenance

On January 27, 2018 from 5:00 AM to 8:00 AM (MT), the IT department will be performing some system maintenance. All Stampin’ Up! web properties will be available during this time. However, we recommend you do not plan heavy use of Stampin’ Up!’s website, store, or ordering system during this time in case there are any unanticipated issues.

US Form 1099 Information

Stampin’ Up! does not provide tax advice and recommends that demonstrators contact a knowledgeable advisor with any questions they may have in this regard. However, the company is providing the following information as a help to understand what is being reported on Form 1099.

Form 1099 is required to be issued to each demonstrator whose business is run as a sole proprietorship (taxed as an individual) or organized as a partnership or limited liability company that has not elected to be treated as a corporation for income tax purposes. Form 1099 is not issued to demonstrator businesses that are organized as corporations or limited liability companies that have elected to be treated as corporations for income tax purposes.

More information about income taxes and demonstrator businesses can be found in the Income Tax section of the Demonstrator Handbook.

  • Form 1099 Box 7 – Nonemployee Compensation
    • The amount shown in Box 7 reports the combination of cash paid and non-cash values awarded to demonstrators during the 2017 calendar year, but only if the combined total of these is $600.00 or more. Amounts earned during 2016, but paid or awarded in 2017, are included. Amounts earned during 2017, but paid or awarded in 2018 or a later year, are not included. The total includes amounts for team commissions, various types of bonuses, event related compensation, Flex Points redemptions, and incentive travel awards. Amounts of Instant Income and volume rebates are not included in Box 7, as these are considered to be purchase price discounts, which reduce the cost of acquired products, rather than income. The values used for Flex Points redemptions and incentive travel awards match the amounts shown on the demonstrator Miscellaneous Income report.
  • Form 1099 Box 9 – Payer Made Direct Sales of Consumer Products to a Buyer
    • The small box inside Box 9 is checked for demonstrator businesses that paid for customer and workshop orders during 2017 totaling $5,000.00 or more, net of Instant Income discounts and volume rebates. A Form 1099 is required to be issued if this box needs to be checked. This is the case even if no nonemployee compensation is reported in Box 7 because it is less than $600.00.
 

Canada Form T4A Information

Stampin’ Up! does not provide tax advice and recommends that demonstrators contact a knowledgeable advisor with any questions they may have in this regard. However, the company is providing the following information as a help to understand what is being reported on Form T4A.

Form T4A is required to be issued to each demonstrator whose business is run as a sole proprietorship (taxed as an individual) or organized as a partnership or corporation. The form is only prepared when the combined total of all amounts reported is $500.00 or more.

More information about income taxes and demonstrator businesses can be found in the Income Tax section of the Demonstrator Handbook.

  • Form T4A Box 020 – Self-employed Commissions
    • The amount shown in Box 020 reports a combination of cash paid and some non-cash values given to demonstrators during the 2017 calendar year. Amounts earned during 2016, but paid or given in 2017, are included. Amounts earned during 2017, but paid or given in 2018 or a later year, are not included. The total includes amounts for team commissions, various types of bonuses, event related compensation, and travel vouchers. Amounts of Instant Income and volume rebates are not included in Box 020 as these are considered purchase price discounts, which reduce the cost of acquired products, rather than income.
  • Form T4A Box 154 – Cash Awards or Prizes
    • The amount shown in Box 154 reports a combination of cash and non-cash awards or prizes given to demonstrators during the 2017 calendar year. Amounts earned during 2016, but paid or given in 2017, are included. Amounts earned during 2017, but paid or given in 2018 or a later year, are not included. The total includes the value of incentive travel and Flex Points redemptions. The values for these items match the amounts shown on the demonstrator Miscellaneous Income report.

This Week’s Succeed Weekly

If you missed it in your inbox, take a look at this week’s Succeed Weekly email here!

PREVIOUSLY ANNOUNCED

OnStage Registration Is Now Open  (BK-most locations are now full and closed)

Today’s the big day! Online and phone registration for all OnStage events opens today at 9:00 AM (MT) for silver elite and above and at 10:00 AM (MT) for all demonstrators, supporting demonstrators, and CentreStage guests. 

Learn all you need to know about OnStage here and then register here before your location sells out!

~Blythe

Blythe Klipple, UPDATES/FAQ COORDINATOR