Questions tagged [employment]
to be used for any presonal finance question related to employment. Related tags are "Self-employment, unemployment, employment-law
120
questions
3
votes
1answer
32 views
How are Canada Pension Plan payroll deductions paid by both employee and the company?
I am thinking on moving to Canada but I want to calculate what my salary would be after taxes. I am using the tax calculator at https://simpletax.ca/calculator but there's still one thing I can't wrap ...
45
votes
8answers
12k views
Employer asking for online access to bank account - Is this a scam?
I just recently got a freelance job as a virtual assistant. The employer I have looks like a reputable person with his own agency and everything. I'm new to it, so he asked for my bank account number, ...
68
votes
8answers
22k views
Company stopped paying my salary. What are my options?
UPDATE 3: The firm is likely lying to us and going up declare bankruptcy on May 15 after moving money out of the country. Asked advice here: https://law.stackexchange.com/questions/40917/want-to-sue-...
2
votes
1answer
111 views
Can one deduct lawyer consult fee less than $1000 for ex-employer's threat letter related to confidentiality in 2018 taxes?
Someone I know paid around $1000 last year to consult lawyers regarding a threatening letter from a former employer related to company confidential information where they threatened lawsuit and ...
2
votes
4answers
294 views
Former employer deposited money in my 401K by accident
Former employer put about $3K in my 401K after I had left the company for 1 year. A year later they discovered it and are asking for the money back. Do I legally owe this to them?
1
vote
1answer
240 views
Still enrolled in Medicaid after starting new job
I just started a new job and I am still enrolled in Medicaid officially. Can I still use Medicaid until my new company sponsored health insurance kicks in?
0
votes
0answers
19 views
what IRS form do you fill out for multi-year disability payments?
I received a multi-year disability payment from OPM relating to a whistleblower case, and they're saying that I recieved about 75000 for being a disabled federal employee, when it's 5 years of ...
0
votes
1answer
85 views
Do digital payments count as cash wages?
According to Publication 926 (2019), Household Employer's Tax Guide, "Cash wages include wages you pay by check, money order, etc."
Do cash wages also include wages I pay electronically, ie, without ...
5
votes
1answer
126 views
How is 'death in service' benefit funded? Does the employer benefit?
In the UK many employers offer a 'Death in Service' benefit of (for example) 4x annual salary (e.g. £80,000 if the person was earning £20,000) payable if the employee were to die whilst employed by ...
2
votes
0answers
123 views
if you're a federal employee and you quit during the shutdown will you still get backpay?
Right now there are 800,000 or so furloughed federal employees that aren't being paid. Many of these employees are being forced to continue working despite not having received a paycheck.
My question ...
52
votes
5answers
19k views
Handling waitress unclaimed pay from three years ago
Each week our boss gives us payslips with our hours worked and we can cash them right at the place of work. Pretty simple. You get a receipt for your hours worked for the week and a slip to turn into ...
0
votes
1answer
92 views
Can 1099 contractor receive per diem and car allowance?
As a W2 worker for a US company, my monthly pay was divided into 3 quantities: $X in salary, $Y in per diem, and $Z in car allowance. The benefit was that I would only pay tax on the salary, so my ...
2
votes
1answer
125 views
Backdating employment start date
Is it possible to officially backdate my employment start date with HMRC? I have been working part time for my current employer since April 2018 and I have just found out from my employer that he hasn'...
2
votes
1answer
123 views
Need help negotiating a salary agreement with my boss [closed]
I'm a college student who is interning at a startup company. My job as an intern is to help redesign and launch an app, so that it runs on Android as well as iOS. When I signed up for the job I was ...
8
votes
1answer
2k views
Wage difference in pay period for same weekly hours worked
If I get paid biweekly, but missed a pay period, so get a check for four weeks instead, should not my net simply be double what I normally get for 2 weeks? They increased my tax deductions, so that ...
1
vote
2answers
202 views
Social Security Disability program: What happens when the disabled go back to work?
The United States recently received some rather good news about our Disability Income program, reversing a significant drain on the economy:
About 1.5 million Americans applied for disability ...
2
votes
3answers
102 views
How is a grant of stock treated from an income tax perspective?
If I go to work for a private company and they give me stock in the company how is that treated from an income perspective?
Is the value of the stock just its par value (which can be nominal in a ...
19
votes
2answers
4k views
Laid off. Had FSA overages that I wasn't aware of. Can they collect?
I was abruptly laid off, and I wasn't aware of the FSA overages until after my departure. I realize I'll sound like a weasel, but can they collect?
They paid out more than the annual limit and they ...
2
votes
1answer
59 views
What taxes or fees should employer pay to keep an employee's work permit and residence safe in Sweden?
I moved to Sweden few month ago due to an employment agreement with some Swedish company.
I moved here with my wife, so we both have the personal number and Swedish id card.
Also, I have work permit ...
1
vote
1answer
104 views
Do I lose potential tax benefits by using my employer's tuition assistance program?
Let's say I plan on attending graduate school part-time and that I am currently employed full-time at a company that offers full tuition reimbursement for graduate school with the catch that I must ...
3
votes
2answers
109 views
HSA - do I have to contribute to my account?
I am on my employer provided HDHP with an HSA and have been for 4 years. I have only contributed to my HSA account for a few months last year. I never go to doctors.
Our new H/R person is now ...
1
vote
1answer
526 views
Previously self employed and unsure how to fill out P46 (UK taxes)
Up until now I have been self-employed this tax year. I am now being employed full time and won't be receiving any other income. I have to fill out a "P46: Employee without a Form P45" (or just known ...
4
votes
2answers
182 views
Is a “primary residence” the place where you live most of the time?
Suppose Susan works in NYC and rents out a small apartment there. She wants to buy a large house out in Pennsylvania. In order to get the best mortgage and tax rate she needs to claim her Pennsylvania ...
16
votes
2answers
7k views
I feel I'm not getting paid completely. Do these numbers add up?
This is my following pay statement for a 2-week period:
I worked in total 183 hours in a 2 week interval, my questions is why am I getting paid to little for overtime? 183-80(hours of regular)= 103 ...
8
votes
1answer
376 views
Can I live in Spain under a French contract?
Since July, I'm working remotely from Spain for a French company under a French contract. I'm Spanish, I've never lived in France. All of the salary related taxes are payed to the French government.
...
4
votes
3answers
357 views
Salary expectations without degree
I work in automated materials handling, mainly in high level computer controls. Java applications, oracle databases and such; but also down to mechanical and controllers to a lesser extent.
For ...
-1
votes
1answer
82 views
Can a entrepreneur hire a self-employed business owner?
Let's say that a guy founded a new business he owns, and became CEO of his small company. Can a rich Entrepreneur offer that guy a job?
2
votes
1answer
5k views
Will I owe money if I claim two allowances on W-4?
Will I most likely owe money during tax season if I claim the first two allowances on the W-4 instead of just the first one?
I was filling it out at a new job (14/hr) full-time (40/hrs per week) and ...
0
votes
2answers
294 views
What types of careers consistently make the most money entering with no background or social skills? [closed]
I am currently searching for an entry-level job with minimal social skills/client interaction required, and out of those jobs, trying to research what kind of position would pay the best as far as ...
2
votes
3answers
366 views
When should both spouses get benefits from their jobs?
My wife and I get medical, dental, and vision benefits through her job. Generally we've been pretty satisfied with them. Now for the first time, my job is offering health, dental, and vision as well.
...
2
votes
1answer
2k views
Can your employer take back HSA contributions?
Employer established a HSA and made a one time contribution of $750 per
employee and spouse or dependent for total of $1500. Can employer withdraw
moneys from employee's HSA debit card account? Say ...
3
votes
1answer
1k views
Tax implications of being a UK employee of a US company?
I'm a UK resident entering into employment with a US company. They're not currently registered for PAYE in the UK, nor do they yet have a UK entity, and they would like to pay my salary directly from ...
3
votes
1answer
157 views
Is a signing bonus considered reportable income?
I received a $2,000 bonus for signing a Letter of Intent to sign a contract leasing our farm land to a solar energy developer. The lease ultimately fell through due to technical complications, but I ...
0
votes
1answer
293 views
Small business: offering an FSA without an administrator
I work for a very small company (only 2 other employees) that pays well but offers no benefits. I'd really like my employer to offer me a Dependent Care FSA. I'm sure he'd agree as long as it 1) doesn'...
1
vote
0answers
75 views
If I have a home office and report to a main office, what are the travel expense deduction rules?
I have a sales job where I have a home office and I report to a main company office twice per week. My job is to visit potential clients and visit/support existing clients. When I visit the main ...
1
vote
0answers
757 views
RSU stock vesting after separation from company
I left the company I worked for a month ago. I had a bunch of RSU (restricted stock units) due to vest after my final date of employment. I would have assumed I lose any un-vested stock including ...
5
votes
1answer
158 views
Where can I look up or set up contribution to a retirement plan from an employer?
In US, is 401K or other retirement plan usually mentioned in an offer letter? If there is no such information in an offer letter, does it mean the employer doesn't provide retirement plan to its ...
4
votes
2answers
236 views
How do I estimate the value of employer-provided job benefits, for comparing compensation?
I'm trying to put a number on the benefits (health insurance, dental insurance, 401k match, etc). that my job provides. I'm looking at a career move and would like a total compensation number for ...
2
votes
1answer
199 views
401k age 55 rule question
I just want somebody to clarify this for me. The way I read it is you qualify if you leave your job that you have the 401k in the year that you turn 55. So if I turn 55 on September 1, 2017 but I ...
6
votes
3answers
5k views
Can I add girlfriend to my benefits provided by employer?
I work in a big tech company in the Bay Area, California. It is time to enroll in benefits and I am trying to understand if I can add my girlfriend to my insurance.
I have been living together with ...
3
votes
1answer
8k views
Is it an issue to have different addresses on two different W-9 form?
Is it an issue to have different addresses (in two different states) on two different W-9 forms that were filled out around the same time, for overlapping jobs?
3
votes
1answer
87 views
UK self-assessment: employed and self-employed with small self-employed income: what to do about class 2 NICs?
My google-fu is failing to find me a straight answer to this one, perhaps because the merging of some NIC payments with self-assessment is relatively recent and there's a lot of old info out there:
...
10
votes
3answers
5k views
Must a company have a specific number of employees to do an IPO?
I'm interested in a job offering from a company that is going for an IPO (Initial Public Offering) in the next 6 months. It is rumored that once the IPO is done they will lay off a lot of employees ...
0
votes
1answer
303 views
Being a consultant in the USA
I'm an Italian consultant in the IT field, and I'd like to know what are the differences between being a consultant or an employee in the USA in respect to the same differences in Italy.
I've already ...
0
votes
1answer
663 views
Working in the US, paid by a foreign company
While studying in the US, I'm going to do some computer based work for a company outside of the US. Will this be considered work in the US?
1
vote
1answer
236 views
How to claim an unemployment benefit?
I'm trying to understand the scenario and answer a question about unemployment benefits. If an employee is in Virginia and his company is in California, from which state will he claim the ...
0
votes
1answer
1k views
Notice period calculation as an employee in the UK [closed]
As an employee I have a notice period of one week. If I hand in my notice on Wednesday, will my last day at work be the next Wednesday? Or the next Tuesday?
1
vote
2answers
520 views
W-4 was not updated when moving from part-time to full-time, still showed Tax-Exempt. What happens now?
Background
I began at a Company in Maryland, USA as a part-time employee with an expectation of earning a full refund. Since I also received a full refund the previous year, the company HR/Accounting ...
4
votes
1answer
626 views
Double-entry bookkeeping: How to account for non-monetary taxable benefits received from employer?
I'm trying to keep detailed books for my personal finances. One thing I haven't figured out how to represent is various non-monetary taxable benefits that I get at work. For example, a gift or a meal.
...
2
votes
1answer
172 views
Why do companies award stock as opposed to cash?
Why do some companies award stock as opposed to cash?
Specifically, I'm speaking about unrestricted stock awards that can be sold immediately or held indefinitely. This is basically a cash award --- ...
