 How can i stop the bailiffs from coming to my house?:-( helppp? |
| i have phoned the bailifts and they wont let me even thought i have been paying it everymonth just i havent been paying the full amount whitch i cannot afford it. i have 5 children and i dont want to ... |
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 Why do people with higher paying jobs pay more tax? |
Do you think its fair that if a lawyer or doctor makes 1 million (guessing) dollars a year and has to pay a crap load then someone who makes 30-60 thousand?
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Or whatever that check is called we are supposed to be getting.
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| I have been checking the IRS website and it said mine was scheduled to come out by May 30th, than I heard that the checks were coming out earlier than expected. My neighbor recieved her check ... |
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 Self-employed no paying taxes since 2004? |
self employed and have not declare taxes since 2004 what can happend ? what is the way to solve this problem.?
Additional Details
Obviously I’m doing this question for someone else ... |
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| I went to the new "Where's my rebate" the IRS has? |
I tried it But it says I have made a mistake after I entered all of my info. I re tried it several times. I don't know what Im doing wrong? Did it work for everyone else???
Additional D... |
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i was informed that i won 1,000,000.00 great britain pounds, which converts over to $1,975,055.05. Now i have to pay $850 ( mailing, insurance coverage )
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| I was supposed to get my rebate deposited on the 16th. I have read that people had thiers sent to the wrong bank account and it has it identified with the SSN in the details of the deposit.... |
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 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 ... |
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| I'm 15 and only made $800 from a summer job that lasted only about 2months. Some ppl say I have to pay taxes, others say I will get back a return or something like that. My employer sent me a ... |
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| I brush my teeth every day and floss. my teeth bleed after i floss. and I use mouthwash. but it still seems to me like my breath still stinks. HELP... |
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 Employer did not withold enough federal taxes frompaycheck? |
| Previous employer did not withold enough federal taxes for 2004,2005, and half of 2006. I.R.S. is after me for the taxes what can I do?... |
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 Did anyone receive their "Economic Stimulus Payment" via direct deposit today? |
| I keep checking my account. I'm supposed to be on the first round of deposits.... |
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mongman | My current employer wants to pay me in cash, is that a bad sign? |
does that mean hes not paying the correct taxes? and if that is true doesnt that mean ill be in trouble when it comes time for me to claim some of that money
Additional Details
What is a pay-stub? and should i ask for that? |
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just♪wondering
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This is in answer to your pay-stub question. When you receiving a paycheck, there is an additional section which outlines your gross pay and all of the taxes that have been deducted: social security, medicare, federal income tax, state income tax, and in some places local income taxes. The check is for the net amount after all these taxes are paid. Your employer is supposed to provide you with this information so you can track how much in taxes is being transmitted to the government, to make sure you will not owe a lot of money to the government at the end of the year.
If you are not an employee but an independent contractor, your employer just pays you your gross pay and you are responsible for making the tax payments, on a quarterly basis. At the end of the year, if you owe taxes and do not have any tax payments credited, you will owe a penalty even if you pay the full amount owed, because our tax system is pay-as-you-go.
If your employer is withholding taxes from your pay but not remitting them to the government, he is in big trouble, but you may have a problem as well. This whole situation sounds fishy. I go along with those who advise you to find a new job then report this employer to the IRS, |
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Shekainah
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No that is not a bad sign. here in our country we got our pay by cash
or checks. but that is ok nothing to worry about you have your human rights if somethings happen. |
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ebsharer
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Hes not paying taxes or workers comp on you so if you get hurt on the job your screwed. Inless he told you hes going to give you a 1099 form at the end of the year hes trying to avoid taxes. by the way a 1099 form is a tax form that says what you made and you pay taxes all at once. I would be very careful. Is this your first job? |
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wizard
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paying by cash means that you probably wont build soc. sec. benes |
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I. B. Zoxx
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The downside: He isn't withholding taxes, workman's comp, Social Security, or anything else. Could be trouble if you get hurt on the job.
The upside: If there is no record of it, you shouldn't have to report it as income, either.
Answering the rest of your question: If there is no tax withholding, there is nothing to claim. |
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misslabeled
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Bad mojo all around. Has he been paying you by check until now? You could say, "Yeah, sure, I accept cash, but I'll still need a statement of the deductions." His response to that will tell you everything you need to know.
The guy is no friend if he's willing to expose you to tax liability. |
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JQT
 |
Did you signed an employment contract with the company? If not they might be treating you as a consultant, then you are responsible for submitting tax on quarterly bases.
Assuming that you are an employee of the company -
When an employer pays its employee, it has to deduct certain amount for social security tax, federal tax and Medicare tax. The employer should also be sending this money to IRS. In addition employer matches the social security and Medicare taxes before sending them to the government.
In other words, while you are working you are accumulating your social security and Medicare benefits for your future.
A pay stub summarize the amounts been deducted for each type of tax withholding on your behalf. At the end of the year, you should receive a W-2 that summarize your total paid and tax withholdings.
If your employer isn't doing this for you, you have two choice at the end of the year:
Not file for tax. This means that you are not accumulating social security and Medicare benefits for your retirement. It also means that if you are ever out of job, you can't collect unemployment because according to the government's record you weren't working.
You can still file tax and fill out a substitute W-2. But you have to keep really good record of what you've been paid. There are two potential challenges with this:
1. Since you haven't pay tax all year, you owe IRS BIG. There might be a penalty. You should do an estimated tax payment each quarter. The next estimate is due Dec 15th.
2. Once IRS matches your tax filing against their record and found that the employer hasn't been paying taxes, they are in trouble. There is nothing you can do to solve this challenge. They are wrong not to pay taxes.
It is a bad sign that a company isn't paying its tax properly. If the company is in trouble and get charged by the government in the future, you might be found guilty as well. Because you'd suspected something but didn't do anything about it and you benefited from not paying personal tax. If this happen to me, I will look for another job.
Good luck. |
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willy B
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take the cash make more money you wont have to pay taxes the irs doesnt where cash came from i would rather be paid in cash |
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mkulda
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It likely means he is not properly taking out the proper state and federal tax withholding, social security retirement and health benefits and probably not paying workers' comp or unemployment compsation insurance premiums for you.
You will still be responsible for all that (except the work comp and unemployment), if you get paid in cash.
Many people work as independent contractors and get paid cash, but they still need to report the income as you will too.
If you don't take it out when you earn it, you'll likely spend it and then have to come up with a big chunk come April 15th. |
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Common Sense
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He's your friend because he wants you to feel guilty if you think of reporting him. THIS GUY IS UP TO NO GOOD. Chances are he's taking advantage of your lack of knowledge in the work place.
Rule #1;
Listen to your gut feelings. Many times they're right. |
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fkchicago
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Find another job first then quit this current job of yours and report this tax evader to IRS. |
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me myself and i
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Only if he is not giving you a stub showing you the deductions...this means he is probably not paying the amount of taxes etc for you... |
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prfadfels
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He's not paying taxes for you, he could also be cheating you out of something, if he's going to pay you cash he should at least give you a pay stub. Tax time may be kind of hard for you. |
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Common Sense
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Are you an illegal alien ? |
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curious george
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It could be OK or it could be bad. In either case, you need to ask why he is paying in cash. Some small contractors don't want to bother with withholding and all that. Or, maybe he is trying to avoid something. You most likely would be considered an independent contractor - self employed. Legally, you would be liable for self-employment tax as well as income tax. The IRS wants to hear form self employed people who make over $400 a year. Depending on how much you make, you may need to make estimated tax payments approximately quarterly or you might end up paying a penalty. |
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Lee J
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Probably not paying taxes. Bad sign. You are entitled to a pay stub. |
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retiredslashescaped1
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Yeah, he is a tax deadbeat. he wants to get out of paying income tax withholding and FICA. Look for another job, then report him on the IRS hotline. |
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