 My paycheck is being garnished $305.00 per mt, I.R.S $495MT child support.$250.00pmt.? |
| I am overwhelmed I only make $2400.00 per month. I can not even afford to buy my child cloths for school. I have tried to deal with the I.R.S. and Ca shesta and San Bernardino chils support officals ... |
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 How are you going to spend your $800 federal tax rebate? |
| Now that the federal government has announced plans to give back $800 to the people (which they should do all the time! What do all those rich people need that money for!?!?! It is our rights as ... |
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 Is Inheritance tax immoral ? |
| We work most of our lives and pay tax on our earnings, we spend most of our income and pay tax on what we buy, if we have a little over we put it away for our old age and the interest gets taxed,then ... |
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 My ex-boyfriend claimed our son his taxes...? |
| & our child support order wasn't in place until June 1st. He didn't live with us for a majority of 2007. I told him he COULD NOT claim our son as he is a "non-custodial" ... |
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 How do you turn someone in for not reporting income to the IRS? |
I know someone in sales that doesnt and hasnt reported thousands of dollars in sales/commission. How can I nail her?
Additional Details
i know its kind of shady but I'm just info ... |
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 HYPOTHETICALLY SPEAKING, if in the upcoming tax season what if the IRS finds that? |
| a significant number of say, Utah residents were gifted significant cash gifts from the LDS church that say, were similar in amount to what they coincidental contributed to say, some political ... |
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 I owe a small amount of money to the IRS. How do I find out where I need to send it.? |
| After I completed my taxes I owed something like $12 federal. Where do I send this???... |
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 Is there a law requiring us to pay taxes? |
Not a amendment, A LAW.
Additional Details
What is the law and where is it?... |
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 Anyone receive a 2nd letter regarding their paper check? |
| Just wanna know has anyone got a letter telling them when their paper check is coming? My ss is 55 and we are June 20 on the schedule but I just read someone got a 2nd letter from IRS saying may 16 ... |
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| Can you please check my english.? |
Accountancy fee for the last year was overstated by £470 in the accounts for S Ltd,
and thus underpaying the tax liability.... |
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 Stimulus checks...? |
| So I heard they were depositing the checks into the accounts of those who did direct deposit on their taxes and it was suppose to have been done on Mon., Tue., & Wed. Has anyone received theirs ... |
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 A mail from Yahoo UK & Ireland approved by Mrs. Burckham Diana that I got a Lottry US$800,00, is that true? |
| The e-mail given me the Battch Number, Reff Number and Winning Number. It is stated that this Lottery is organized by Yahoo Lottery Inc. & Windows Live. I'm been instructed to contact Mr. B... |
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 Non payment of council tax bailiffs coming? |
| My friend has had a real trouble this year paying all bills mortgage as in arrears with everything the council have passed the council tax on to baliffs and she phoned them to arrrange payment but ... |
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 Does the UK have too many unemployed people? |
What are the reasons for this?
Is there not enough work out there?... |
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auntfran8 | What is working "off the books?"? |
I've been a working woman for 31 years,and,several times over the years,I would hear people mentioning expressions like "working off the books." I've never done it with any employer. I've always had things like Social Security & Medicare deducted from all my paychecks. That's "on the books."
So,what does "working off the books" really mean?Any bookkeepers, payroll clerks, or accountants out there who can answer this question? Thanks! |
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bostonianinmo
|
It means getting paid in cash without any deductions for taxes. Generally speaking, cash income is not accounted for as income and is passed directly to employees, quite literally keeping it "off the books."
The IRS is clamping down on this practice and is making it much harder to hide those payments from the tax man.
This most frequently happens with businesses that are cash-intensive such as small restaurants, "Mom & Pop" convenience stores, movie theaters, etc. where it is possible to divert cash without running it through the till or a credit card charge directly to an "employee." The IRS watches these types of businesses closely and is not above recalculating their income based on estimates if they think something funny is going on. |
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Judy1
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Being paid in cash, without records sent to the IRS. It's illegal for both the employer and the employee. |
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Den P
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Paid in cash usually with no records of the employee being hired hence no taxes or deductions at all usually completely illegal also no record of the payment being made. |
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flamingo
 |
Being paid in cash, therefore no deductions to accout for is the way I understand it to be. |
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gfd_truck7
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Short and sweet, it means getting paid in cash with no record to trace it. |
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John
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It is the same as getting paid "under the table" It is off the records and there is no record of you working. Usually this kind of work pays cash because you cannot trace cash so then taxes and medicare and all that aren't a problem for the employer. |
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soozemusic
 |
It is spoken as "off the books" because it is a means of paying someone without a paper trail usually to avoid taxes. Also, for example, if someone knows he has garnishments that would be taken out of his/her pay, child support, etc., they can find work where someone pays them a little less (for more work) but pays it in cash. Thus, no trace of any monies to this person. It works for the payee and payor. |
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Wally
 |
It means payment by someone that does not keep a tax record for the work paid out to someone that does not declare the wages received.
People will sometimes use this to make extra cash, tax-free. As an ongoing activity it is as illegal as any tax dodging. But if someone does not make enough to put them in a taxable bracket, it would be comparable to not filing a tax return because the gross income is less than required for filing.
Another term for "working off the books" is "getting paid under the table." |
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suresh b
 |
I have heard so many people around here where I live that run a small business say how they hold so much pride in cheating uncle sam out of a dollar or two.
Many free enterprisers probably started out working off-the-books. The tax department was none the wiser, and what the taxman didn’t know, ...
http://72.14.235.104/search?q=cache:kTHVR2aC8GEJ:www.hup.harvard.edu/pdf/VENOFF_excerpt.pdf+What+is+working+%22off+the+books&hl=en&ct=clnk&cd=8 |
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Blank B
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Similar to working "off the clock" as in, you are working on your own accord, on your own time. |
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randal z
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That's payment in cash, or other medium of value such as services, barter, or trade which can not be traced and reported to the IRS. It is usually illegal and unethical, but some people in certain financial situations prefer it that way. Illegals, or people receiving some sort of restricted government(state, or federal)aid. |
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