Questions tagged [employer]
The employer tag has no usage guidance.
17
questions
0
votes
1answer
104 views
Why do startups prefer Stock Options over Stock Grants?
Why do startup companies and large companies alike seem to always prefer to offer their employees stock options, rather than stock grants? Stock grants seem like a way better deal for employees. Let ...
2
votes
1answer
68 views
Self-funded & fully-funded health insurance plans for small businesses
Imagine that a hypothetical small business in the U.S., MoneySavers, is setting up a health insurance plan that it will offer to its employees. I'm looking for clarification on any misunderstanding ...
0
votes
1answer
48 views
Should I file two Schedule C when I hire employees?
According to the IRS, sole proprietor must apply for EIN the moment he hires first employee and must use this EIN for tax purposes.
How Schedule C(s) should be filed if first employee is hired on June ...
29
votes
1answer
8k views
Is being asked to pay for business supplies via Bitcoin an employment scam?
I applied online for a job, but my profile does not involve my qualifications, only my age and my name.
The next day an email was sent to me by a company based in Florida. I was hesitant at first to ...
3
votes
2answers
290 views
Past employer wants to sue for over contribution on their part to my HSA. years 2017 and 2018 can they do this?
My previous employer (March of 2019) has discovered that they were paying into my HSA account the amount for a family when I am a single person. This happened in 2017 and 2018, the amount they ...
1
vote
3answers
685 views
Why would an employer prevent their employees from investing in the employer's stock through the employer-sponsored 401(k) account?
Why would an employer prevent their employees from investing in the employer's stock through the employer-sponsored 401(k) account? I saw that restriction when reading the "Vanguard Brokerage Option (...
4
votes
1answer
2k views
Former Employer lied on 2016 1095-C form
I was laid off work on March 5th 2015 and was provided insurance up until March 20th 2015 and then offered Cobra. My husband had a new job and his insurance started as of June 1st and we had no issues ...
1
vote
1answer
373 views
Should I enroll in employer sponsored deferred profit sharing plan (DPSP)?
My employer in Canada has given me the option to enroll in an RRSP, DPSP, or TFSA. I've come across RRSP's and TFSA's before but I am intrigued by the DPSP (Deferred Profit Sharing Plan).
Details are ...
1
vote
1answer
76 views
declaring payments to a credit card for a shared expense
Long story short: I was travelling abroad with work and we ended up with a large bar tab (over £1500 - don't ask). The company credit card was declined so I paid for it on my personal card.
My ...
7
votes
3answers
4k views
How does the Social Security Wage Base apply to employers?
This is a hypothetical question, but let's say a person has two W-2 positions at two different companies, where they make $60,000/year each. The Social Security Wage Base for 2014 is $117,000. So the ...
11
votes
2answers
16k views
Pay check from an old employer
I received a paycheck from an ex-employer via direct deposit. It looks like they forgot to take me out of their automatic system, because I definitely shouldn't have received this check.
I am a U.S. ...
2
votes
2answers
563 views
Health insurance lapsed due to employer fraud. How to get medications while in transition?
Recently my health insurance was cut off due to my parent's employer pulling some bookkeeping trick for the past few months where we were being given health insurance but it was off the books - ...
4
votes
1answer
3k views
My company didn't pay taxes on my behalf
I have filed tax returns based on form 16 I got from my employer. To my surprise I get a letter from it tax department stating my claim of filling tax hasn't been found in their records and they are ...
19
votes
5answers
1k views
How much should I be contributing to my 401k given my employer's contribution?
I realize that this is similar to at least one question here, however, there are some differentiators.
I can contribute a max of 5% of my net salary to the 401k fund. The employer matches 50% of ...
5
votes
3answers
3k views
If I have AD&D through my employer, should I STILL purchase term life insurance?
I'm 36 years old, married with no kids. (We're considering having a kid that but would still be at least 1.5-2 years out.)
One of the things that Suze Orman and other personal finance speakers ...
3
votes
1answer
820 views
Do I need a new EIN since I am hiring employees for my LLC?
I have an LLC that I set up but at the time it was created, the business did not have any employees (this is for consulting work I am doing). So I now have an EIN for this LLC but during the IRS ...
5
votes
2answers
2k views
My boss wants to buy me a gift. How do I account for taxes for this?
I don't believe this is related to the personal gift tax rules as this deals with businesses giving gifts to individuals.
Since I'm receiving something of value, I assume I need to pay taxes on it. ...
