Questions tagged [employment]
to be used for any presonal finance question related to employment. Related tags are "Self-employment, unemployment, employment-law
142
questions
-4
votes
2answers
161 views
How do I get a seat on the board of directors?
I am currently unemployed, but I own a few shares of a public company. Could I use my shares to get a seat on the board of directors?
I don't mind sitting in board meetings. This will give me a real ...
3
votes
2answers
149 views
If you change to a new employer, does dental lifetime maximum reset?
Suppose that you have a lifetime maximum with Provider A at Employer A. You use your $1500 lifetime maximum for major work.
Then you get a new job. Then you want to do more major work. You get an ...
3
votes
4answers
1k views
401(k) opt out Company matched funds allocated
Based on the current volatile climate unfavorably forecasting the future of brick and mortar retail stores facing continued lost revenue, the unprecedented growth of eCommerce, and to further damper ...
0
votes
1answer
44 views
liquidation preference and other loop holes when joining startups who offer equity
There are lots of startups that want to provide equity in exchange for labor rather than a salary or a combination of both. Reading online it seems there are a ton of loopholes where I may not get ...
0
votes
2answers
103 views
Equivalence yearly salary (perm) and daily PAYE (contract) in UK
I have a permanent role in UK that pays £130,000 base salary plus a car allowance of about £6,900. I also receive a bonus (£20,000 per year). Finally my company contributes 10% to my pension plan,I ...
1
vote
1answer
77 views
If an employee works from outside California but is declared by the company as working in CA, from how many days outside CA does it become an issue?
US companies need to know the location of their employees for tax and benefit purposes, while some US and non-US companies manage to allow some of/all their employees to work remotely. Assume that the ...
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 ...
16
votes
2answers
4k views
How do some companies allow some of/all their employees to work remotely from a tax standpoint?
I sometimes see job offers that allow employees to work remotely anywhere in the world. However, reading answers on Why does a US company need to know the location of their employees for tax purposes?,...
26
votes
3answers
8k views
Why does a US company need to know the location of their employees for tax purposes?
I read in the news (mirror):
[Facebook] would take a more “measured approach” with existing employees based on job function and past performance, he said, and set a January 1, 2021 deadline for ...
0
votes
1answer
67 views
Holiday deductions on leaving job
Background
I'm based in the UK and I am working my final week before I start my new job in a different organisation. I am in deficit of 14 days holiday and I've just received my final payslip.
I ...
0
votes
1answer
638 views
Where to put name suffix on I-9 Form or any form which doesn't have a specific box for it
Where would I put a name suffix on an I9 form or any form that doesn't have a specific box for a name suffix? On this form I only see fields for Last Name, First Name, Middle Initial and Other Last ...
1
vote
0answers
43 views
Can I legally work online for a Canadian company, as a Canadian citizen living in the US?
I am a Canadian citizen living in the United States. I do not have a visa to work here, I am here on an H4 visa, which is the spouse visa for my husband's H4 work visa. I would like to be able to ...
3
votes
1answer
475 views
Is this Employer trying to scam me
I have just interviewed with a company on indeed. The website looked very legit. I emailed the employer and he eventually scheduled me for an interview. The red flags I noticed were:
He never got ...
0
votes
5answers
483 views
When and how would a company make money by taking $1 out of my paycheck and donating it to charity?
In the US as I understand it, there are corporate tax deductions for charitable giving.
For this or any other reason, would a company with large salary expenditures and positive profits (sometimes) ...
5
votes
8answers
844 views
Why is it ever a good idea to found a company?
I have a side project with a few friends that's gradually getting more serious. We're nearly at the stage where we'll be taking some early clients, which is really exciting after about a year of ...
3
votes
1answer
271 views
How to answer “Are you permanent employee?” when applying for mortgage as an apprentice
I've been looking into getting a mortgage with my partner recently. We had a conversation with the bank yesterday asking all the standard questions (How much do you earn?, Monthly outgoing, etc..). ...
0
votes
1answer
176 views
HMRC Starter Checklist - Employee Statement
I am going on placement next year and I have to fill out the HRMC Starter checklist form. I worked part time (only two shifts) and the pay I received was not taxed. Does that mean I select statement A ...
2
votes
1answer
174 views
Company cash going through my personal bank account
I work for a franchise, our clinic is located in one state and our administrative offices in another. I am required to do the accounting for our office. I have a credit card machine which processes ...
3
votes
1answer
109 views
HSA over-contribution if I lose my job part way through the year
My employer provides my health insurance as part of my compensation and benefits package. It is a qualifying HDHP and as such every year I generally max out my HSA, either through payroll deductions ...
54
votes
5answers
15k views
How can I sell my shares in a privately-owned company I used to be employed by?
Basically, I was a software developer at a company and I was issued some stock options early on, before the company grew significantly. The company then hired a CEO who pledged to take the company ...
1
vote
0answers
64 views
where to fill tax deduction for legal fee related to “related to doing or keeping your job” in form 529?
I filed for extension in april because i didn't have this information but need to file by Oct 15th.
I paid around 750 dollars last year to consult lawyers regarding a threatening letter from a former ...
1
vote
2answers
682 views
Does Dependent Care FSA limit reset if I change jobs?
Let's say I have contributed and used $5,000 in 2018 for my dependent care FSA. Late in the year, I get a new job. Can I contribute to the new account for 2018?
According to Zenefit, the healthcare ...
3
votes
1answer
51 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
16k 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, ...
78
votes
8answers
23k views
Company stopped paying my salary. What are my options?
UPDATE 4: I'd be remiss if I didn't update this post with the outcome: I was able to recover about 1.5x lost wages (after employment attorney fees). The advice below I followed included: (1) finding ...
2
votes
1answer
138 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
483 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
2answers
4k 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
20 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
86 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
139 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
127 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
357 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 ...
3
votes
1answer
439 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
126 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
214 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
110 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
68 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
110 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
110 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
1k 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
190 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
580 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
374 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
87 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
6k 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 ...
