 Didn't get my stimulus? |
| So I filed back in Jan and I don't owe anything, I was scheduled to get my check Yesterday May 2, and I didn't. Can anyone tell me what the heck happened? My direct deposit info is the same ... |
|
 I only made $196.00 last year at a temp job. Do I still need to file my taxes? |
| I got my W-2 form from the temp agency and I don't know if I should file my taxes or not.... |
|
 Can you get tax audit after receiving your tax refund? |
| Is there a time when you known you're safe from audit?... |
|
 Lets say I'm rich and from the UK - if I move to New York... what kind of taxes will I pay? |
Im British... and (hypothetically) I'm rich. Bored of the UK and want to move to New York.
What kind of taxes will I pay if I'm just living off savings?
Is there a ... |
|
 Okay, question about my taxes...I just got married and my husband has less than perfect credit...? |
| Here's the problem, he used to be in the army and has an army type credit card that he never paid off, it has like a 3000 dollar balance on it, so for them to collect, he has allowed them to ... |
|
 Do I HAVE to fill out my W2 form at work or can I bring it home to fill out? |
| Most of the time, when I apply for a job, my employer wants me to fill out the W2 form on the spot and would not let me bring it home. Is it required by Law for me to fill out these forms on my ... |
|
 Child Support was my only income. Can i claim my daughter if so will it benafit? |
Additional Details
For all you asking y i dont work. I have been off work for the past year because i was a victim of a drunk driver witch am still recovering from. Also i dont really ... |
|
 Is it true that the interest you earn on your savings account has to be paid back on your taxes? |
I want to know because i am thinking of closing my current bank savings account to open up an internet savings account
Additional Details
Is it worth switching my savings account to an ... |
|
 Ex employer over paid me? |
| my ex employer has over paid me when i rang them they said could i send it back via cheque but at end of day it there mistake what do you think?... |
|
 I'm about to be made redundant. Am I enttled to claim Jobseekers Allowance ? |
Additional Details
Thanks Dimples. My redundancy will be £12k, with £4k notice pay. Will this ffect my JSA ... |
|
 Is taxation really necessary? |
| after all people always complain that the state is not doing enough, it is unfair, it is unequitable ; and those who have lots to pay rather pay their clever lawyers and accountants to avoid paying ..... |
|
| Are people in England the most taxed people in the world? |
| We seem to pay taxes for everything. Income tax, national insurance, VAT, local community tax, road tax, utility bills, tv license. It seems we just work to pay tax. Any other countries got more ... |
|
 Tax refund and child support??? |
| I have a 1yr son and his dad and I dont live together, we go halfers on mostly everything regarding my sons expenses (child care, diapers) however my son lives with me and if we calculate the ... |
|
 Why do prices increase every year? |
| Its an outrage it really is.The local butchers at the top of my street used to charge £1:20 for a savaloy sandwhich this was 4 years ago now it costs £1:60 for a savaloy sandwhich? Is it just greed ... |
|
 Can I claim my premature baby now dead on my tax return? (dead in November)? |
Additional Details
I hqave a ss# for her. Thank you all very much for the answers and mainly for the support. I am very impressed.... |
|
|  |
Amelia L | My new job says I have to take out my own taxes, is this legal? |
I just got hired at a debt settlement company, they are new, just moved in to a building. The interviewer told me we have no benefits right now and have to take our own taxes out, but later it would change. I will be working 40 hrs a week 8-5, mon-fri.
I just wanna know if this is "illegal" in some way or is the company trying to get out of paying other taxes that pertain to its employees. I dont know much about this but I thought it was suspicious. Should I take the job? |
 |
 
Bob
 |
{EDIT} "Who is an Independent Contractor? A general rule is that you, the payer, have the right to control or direct only the result of the work done by an independent contractor, and not the means and methods of accomplishing the result." {/EDIT}
The employer could be viewing you (who can use whatever means and methods necessary to collect debts) as a consultant (by controlling or directing the result of the work done - collecting debts) and give you a 1099-Form rather than a W-2. If you were an employee, the employer would take the taxes out via a W-4 form. If you were not asked to complete a W-4 form, you are not an employee.
If he gives you a Form 1099 every pay period, you are responsible for paying your own Federal & State Taxes as well as Social Security - the full 15.30%.
The higher wages are a consequence of deducting your own taxes. |
|
malinmo
|
The interviewer told you that you have to take out your own taxes, but later it would change? If you were a contract laborer (temp help) or considered self employed and working under this company ( ex: real estate salesperson), there would never be a "later." The arrangement wouldn't change.
I would be highly suspicious of this company since the company, by having you pay your own taxes, isn't withholding taxes and not interested in paying their share of your social security tax. If you are a salaried employer, they must withhold and pay the employer's share of your social security tax.
This sin't the only issue you should be worried about. Since money seems to be scarce with this new company (no benefits and you pay all your taxes), they might not have the money to pay your salary. Everything seems rosy now, but the company could be out of business with no pay to you and no advance notice. |
|
tlbrown42000
 |
It is my understanding that if they do this, you are being hired as a contractual person and being paid like someone who owns thier own business. In this situation, if they tell you what hours to be there and treat you as they would an hourly employee.....they could be in trouble with the IRS. I've been in this situation before and it turned out to be trouble. You have to be able to submit quarterly taxes like businesses do. And if YOU do it wrong....you are in trouble with the IRS. I ended up wishing I never did it. If you venture to do this...I'd at least contact an accountant. |
|
shiprepairwoman
 |
If you are doing the normal work for the business you are an employee, if they are caught they will be in trouble call the department of labor wage and hour division and they will send out an auditor. |
|
ninasgramma
|
If you have other options, you should not take the job. A person who is expected to work a 40 hour week is an employee. Your employer is required to pay his share of payroll taxes. Sounds like they are not prepared to do this...they have no money. It is suspicious, and it is illegal. |
|
SLWrites
 |
They're expecting you to act as an Independent Contractor, which means you will not only have to pay your own income tax, but your own employment/medicare, etc. taxes...the stuff your employer usually pays.
Basically, you'll be self-employed, and they will be your client. Honestly, it's a huge pain in the backside, and it's only making their life easier. I'd keep looking. |
|
Judy1
|
Give it a pass. There are jobs where you can legally be an independent contractor and have to deal with taxes on your own rather than having them deducted - but it would be highly unusual for that to be the case for an 8-5 office job.
Read this for a definition of employee vs. independent contractor - if you're an employee, they legally have to withhold taxes. http://www.irs.gov/businesses/small/article/0,,id=99921,00.html |
|
peterdrilling
|
This sounds suspicious to me, however it could be perfectly legal. Yet, your employer must pay your Social Insurance from your pay. This is not paid by the Employee, but by the Employer. Also, depending what Province you live in, will determine how much tax you would pay. For example, if you live in Quebec, you must pay both Provincial and Federal taxes. If you live in Alberta, you pay only Federal. |
|
bostonianinmo
|
It sounds like you are an employee since they set your work hours and provide the place for you to work. Therefore what they are doing is NOT legal. They are trying to avoid paying payroll taxes and saddle you with extra taxes to boot!
I would not accept the job personally. If you do, download Form SS-8 from the IRS website and file it as soon as you start. This will get the ball rolling on the determination that you are an employee and that the employer MUST withhold taxes. |
|
Space_Cadet
|
If you are working for them in the the capacity of a INDEPENDENT CONSULTANT then the answer is yes.
Check out the following website for additional background.
http://management.about.com/cs/adminaccounting/a/ICtaxes062397.htm
Also try a google search using "consultant taxes" |
|
meandnadine
 |
Call your local department of labor and ask them.
You could be considered a contract employee where you are responsible for your own taxes. |
|
Melissa G
|
ask like the guy said above- ask now so in case it is "illegal" u won't be in that much trouble... |
|
karthik
|
Did he tell you that he will be paying the taxes on your behalf?
for example, some employers pay your salary after deducting the taxes... in that case, you do not have to pay for taxes.. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
13 | 7 minutes(s) ago
| | | |
13 | 17 minutes(s) ago
| | | |
13 | 56 minutes(s) ago
| | | |
13 | 1 hour(s) ago
| | | |
13 | 5 hour(s) ago
| | | |
13 | 8 hour(s) ago
| | | |
13 | 9 hour(s) ago
| | | |
13 | 1 day(s) ago
| | | |
13 | 3 day(s) ago
| | | |
13 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
