 Money paid on behalf of me by my employer to cover relocation expenses. How is it taxable? |
I moved for my employer in Jan of 07 from IL to NC. At that time. I received a lump sum payment to cover travel and moving expenses along with expenses in relation to the sale of my home in IL.
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 I want to know, for filing the income tax do we need to prepare books of accounts and get them audited? |
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Some one told me that it is only required when your income or earning are more then 10L?... |
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 Ok to pay bailiffs for council tax? |
help plz, i need some advice please, have tried cab before, i owe council tax and my case is supposedly with the bailiffs who i've not had any contact with.
is it ok to pay council ... |
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 Tax rebate??????? |
| how much are we getting, i have been told for a while that we are getting 600 now someone is telling me its only 300 does anyone know for sure exactly what we will be getting?????... |
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 Would I get a big tax break if my wife stops working? |
| If I have 1 dependant, how much tax break do I get?... |
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 When are those 600 irs checks getting sent? |
| You know thos tax relief checks when are they getting ... |
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 Corrupted taxes? |
To the government,
i go to school full time and working to pay for my school. Im barely sliding each semester so im limited to extra spendings. Now i owe $500 to federal and $200 for ... |
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 If my wife has a home business Doesn't she get deductions for expenses? |
| I looked at the tax calculator and I don't see a box for personal buisness expenses. Will she really get anything back? We spent about 3,000 between gas, supplies,food and etc. Will we see this ... |
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 I was recently paid some money for the sale of shares, now I am told I was paid in error do I have to repay? |
| I was entitled the shares with a previous employer, but learned that I would forfeit the shares if employed for less than 3 years. I left after 2.5 years. I was paid for the shares in a buy out and ... |
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 Someone is working in another state under my ssn.....how do i stop this? |
| IRS called and i owe back income taxes.......I am on disability and do not file taxes......they insist that i have been working in Missouri.....I live in Illinois......what do i do?... |
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 National Service? |
| Would be a way to stop youngsters carrying knives, D... |
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 How would I save money on taxes from this damn gov? |
ok here is the scenario:
My gross pay per year is $70,000. After taxes I receive only $2000 every bi-weekly. So gov is chewing off about $695 every bi-weekly from my paycheck.
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 If my CPA made mistakes on my return do I have to pay her? |
| My CPA is charging me $250 for filing this year's return, which I don't feel is too expensive, however she made several mistakes. I don't feel I should have to pay her the full amount ... |
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 How do you cash a paycheck?? |
| its my first pay check and i need some help. thanks.... |
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Truffle shuffle | In the uk, why is there a system that when you start a new job you get paid in arrears.? |
I can understand that you need to do the hours first so they can tot them up and then get paid but there really is no need for it is there?
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No you absolute spanners!! I have just started a job that I get paid weekly on a friday but i will not get paid my first wage until the second friday (hence weekly in arrears) |
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Xai
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Why would anyone pay in advance? (apart from IBM who my hubby works for, who are American anyway). All companies do this. It's the way the world works.. you do a task, then you get paid for it. |
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tringyokel
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We used to call this working a week in hand. I didn't think anyone still did this. But you asked the reason why. It goes back at least to the fifties.
When you work for someone there is a legal contract between you. Some of the provisions have minimum requirements laid down in law. Notice is one of these.
To protect you from hardship if the employer just threw you out he must give a certain period of notice. This should give you some time to find another job. If he fails to give you notice then he must still pay you for that period. If he does not you and sue for the amount.
Although the consequences are not so drastic it can still cost your employer a lot of money if you just fail to turn up for work. This is especially true where the worker is on a production line or a building site. So you have to give notice too - usually one week if you are weekly paid.
If you fail to give notice then the employer can charge you for the week's money he has had to pay someone else to do the work. Back in the fifties and sixties (and earlier, I suspect) most workers spent their money each week and had little, if any, savings. So the chances of the employer getting money from the ex-employee was virtually nil.
So the concept of the week in hand developed. If you gave the proper notice when you left you would receive two weeks money. This would cover you for the missing week at the new job. If, however, you left without giving notice the employer could keep the week in hand and everything was square. |
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mark m
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To force you to give a month notice if you wish to leave. So they always have in hand a monthly pay. |
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cherylmitch72
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Are you suggesting we get paid before we even do the work????
I'd be getting a new job every week if that was the case!! Go in on the Monday, get paid, leave on the Tuesday!! |
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bud
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i think you mean working a week in hand, if you start on a monday and usually get paid on friday how can the wage clerk work out everyones wage in about 5 minutes before you go home, this is why they do it |
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Mr Politeness
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To make sure that you turn up for the rest of the week.!!!!
No employer is thick enough to pay you in advance and never see you again after they've paid you.
Use the grey matter between your ears before posting stupid questions. |
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Knownow't
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Its so they can take the tax off, as it gives the backroom staff time to work out how many hours you worked in a particular week or month....also it allows you to give your notice that you want to leave and you have extra money to tie you over until you get that new job.....yes its hard at first, but you get used to it.
Edit
As for other answers, you are not asking for pay in advance...its when you work for a month and they dont pay you until the end of the following month....thats what being paid in arrears means, and I assume that is what you mean. |
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David H
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Bud is right. If you think you can institute a system so that your employer CAN pay all its staff over a couple of minutes at the end of every Friday, out of the week's takings that probably haven't even reached the employer's bank account yet, you ought to be a creative accountant. You could then be paid monthly in arrears. |
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