Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 It says salary £27,000 nothing else, would this be before or after tax?
...


 I pay child support for my daughter, can I claim her on my imcome-taxes?
...


 Im being garnished by the IRS. What do I do?
I owe them about 7k & they are taking everything I make above & beyond $143 a week. I CANT LIVE ON THIS!!!...


 If you work 12 hours a week for 35 weeks of the year are you entitled to holiday pay?
...


 She claimed our daughter on HER income tax - we're separated and wanting to get a divorce -- PLEASE HELP?!
My legal wife and I are separated, waiting on financial assistance so I can start the divorce work. Thing is, we're both fighting for the custody of our daughter. I have my daughter about 80-90% ...


 If You are a Minimum Wage Worker, and You Owe Taxes, What Happens if you Don't Pay?
Because my employeer didn't with hold enough, it looks like I might owe about $275 in federal taxes. I really don't have the money to pay this. If I don't file, is anything really ...


 How to disappear in UK?
Is it possible to be untraceable in UK by government?
Additional Details
Involved with a court case at the moment, (non-criminal I might add) Involving my son. I currently have custody ...


 I f somthing costs 39.99 and tax is 6.5...how much does it cost?
as the title ...


 My daugther turns 19 next year, when is the best time to take her off my W 2 form? Before april15, or after?
...


 How will you spend your income tax refund? ?
What do you plan on doing with it?...


 Can two unmarried parents take turns in claiming their child each year on their taxes?

Additional Details
We're not married (obviously), but we get along great. There is no child support or custody order. We never found the need since we both take care of him equally,...


 How much is petrol where your from??
just intersted as to weather petrol varies acroos the UK and the rest of the world.
It is £1.05 per litre, in manchester england....


 What date does the tax year start? april the wat?
...


 Did anyone get their stimulus check direct deposited today?
The IRS website said they started to send out the stimulus checks to direct deposit filers today. Has anyone seen that theirs is in their account? Just curious?...


 If a parent is behind in child support over $2000, will they withold the parents tax return?
and give it to the custodial parent as compensation?
Additional Details
He wants to file my daughter for last year since he worked most of the time and we just separated in september 07. ...


 How to tell a self employed worker from an employed worker?
...


 How long should I keep tax records before I can destroy them?
just personal tax records...I don't have a business or anything....


 What is the earliest date you can file taxes?
...


 Do students have to pay taxes like other employees?
IN NJ OR NY

I am a student and I am wondering why does my employer take as much taxes as a regular employee who is not a student would take off?...


 Are you comfortable with having the IRS deposit money directly into your account?
I like the idea of being able to get my return back in less than 15 days. However, there idea of the government having access to my account information frightens the daylights out of me. Does your ...



gllimmer
Is my employer cheating me\salary?
i manage pizza shop in pa when i got hired owner told me i.ll be working 55 to 60 hours a week. and we get paid on 7. th and 22.nd..twice a month .pay period starts 1.st thru 15.th and i worked 125 hours ..16.th thru 31 i worked 140 hours approximately i worked at least 25 hours free every month ...since i am getting paid on 7.th and 22.nd every month i am getting 24 paycheck instead of 26...A year Can he do that HELP PLEASE
                     
 




Cupid
Rating
Yes, but he would need to match your paychecks with what your salary is supposed to be. If you are making say.. $30k per year, then your paychecks would all need to be $1250 (24 paychecks) before taxes instead of $1153 (26 paychecks). There are 52 weeks in a year, so biweekly payments would mean 26 paychecks.. and if less, the 2 weeks would need to be spread out in pay on the 24 paychecks. I assume you are on salary? Calculate your paychecks and see if they would total up to what you are supposed to be getting paid by the year.
If you are hourly, it's simple, you just get paid by the hours you worked. Good Luck.


Kelly R
Rating
It is normal to be paid twice a month. it is fine. As long as he is paying you for the correct amount of hours. Many people get paid 24 times per year. Just make sure you get paid for all of the hours you worked.


woody
Rating
You will not be losing any pay, jsut the number of days will fluctuate within each pay period, some will include 14 days, others 15 or 16, depending upon the month. You should be gettting paid your hourly rate times the number of hours you worked within the applicable pay period. If you are a salaried worker then you get paid on an annual salary which would be divided by 24 for each pay check regardless of the hours you work.


Larry
I assume from your question that you are a salaried worker. If so, your pay should be the same every paycheck, regardless of the hours you worked. The gross pay should be your annual salary divided by 24. If he paid you every two weeks, it would be your annual salary divided by 26. The annual pay is the same either way.

Is he cheating you? Not if he is paying what he promised. However, that doesn't mean the job is worth keeping. Only you can decide that.


rtfm
You're not getting cheated. All that's happening is that, instead of getting paid every two weeks, you're getting paid twice a month. The money will work out exactly right: you get fewer paychecks per year, but more money in each paycheck.

The paycheck you get on the 22nd of each month will be for all the hours you worked from the 1st through the 15th. The paycheck you get on the 7th of each month will be for all the hours you worked from the 16th through the last day of the month previous (whether it's the 30th or the 31st or even the 29th!)

Keep track of the actual hours you work each day. Then compare those hours with what it says on your pay stub. If there's a discrepancy, point it out to your boss. But don't assume he's cheating you. Bimonthly paychecks are very common. Most employers keep accurate records. The penalties for them are too severe if they don't.


prowler_6005
You know, I thought the same thing when I re-enlisted in the Army. I'm getting 2 paychecks a month. One on the 1st and one on the 15th. That's 24 checks a year. Then I remembered how I was getting paid every two weeks for being a restaurant manager and became sad. I'm missing out on 2 paychecks. Oh well... I'm sittin phat now!


lepetitdejouner
Rating
Me salary? You sound like a pirate. ARRRRRR!


tough cookie
24 sounds right (12 times 2 equals 24)....


Sara C
i wouldn't work anywhere for 7 bucks a hr sorry 9 bucks i would but not 7 with the living cost today your crazy


Curvature
no he isnt


meangirl
I'm confused. I don't know. Sounds like you could find something better.


Clarence Cutler
Rating
You better quit man!


dnbltn
Rating
get a new job


kelly
I would bank on him knowing this info and this is why he is doing it, I would talk to him about this and if he is not willing to pay you for your time that you work then find another job


freedom_rulz@sbcglobal.net
Get a new job; he's screwing you over majorly


Nibblet
if you get 24 paychecks a year, then maybe you are supposed to get two weeks off per year. It sounds like you are on salary, which is perfectly legal for a manager position. Yes, he can give you 24 paychecks, but you can take off two weeks at any time, and tell him you are not getting paid for it!!! I would call your local labor board, and don't waste your time here.. It sounds like you need to get a better job!


larry g
YOU ARE GETTING SCREWED! YOU HAVE DONE THE MATH AND KNOW THIS FOR YOURSELF< BUT YOU TOOK THE JOB MAYBE NOT KNOWING ALL OF THIS>>>DON'T QUIT UNTIL YOU FIND SOMETHING ELSE AND KEEP YOUR EYES OPEN >>>>> WELL THAT IS IF YOU DON'T LIKE BEING SCREWED! KEEP IN MIND THAT THERE ARE 52 WEEKS IN A YEAR!


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.064
Copyright (c) 2011 Financial Crisis Friday, February 10, 2012 - Terms of use - Privacy Policy