Questions tagged [employment]
to be used for any presonal finance question related to employment. Related tags are "Self-employment, unemployment, employment-law
156
questions
0
votes
1answer
64 views
US Political Contributions Disclosure Form
I've been told I have to fill out a form for political contributions by my employer (a financial services firm). I googled it, and came up with Form 8872, but that looks like a form for organizations, ...
0
votes
2answers
76 views
What does income inclusive or exclusive of super mean?
In Australia when a job add says the income is inclusive or exclusive of super what does that mean?
e.g. What is the difference between a job that says 55K inclusive of super vs 55K exclusive of ...
3
votes
1answer
225 views
I am on H1B and My Ex-employer is sending me letters about money I OWE them
My employer is asking me to pay owed money back, which is around 25,000$. I was working for them for about 3 years on H1B visa. as per salary commission structure, I did not make enough money to ...
1
vote
1answer
79 views
Lost my job, is it better to apply for EI or CRB?
I was recently terminated without cause. Is it better to apply for EI, CRB or something else? The work I had been doing before COVID still hasn't returned yet. I had been working in retail for the ...
3
votes
1answer
122 views
Changing "Tax Deduction at Source" to "Zero" - How to request your employer not to hold your taxes?
In Canada/Ontario, in both cases of permanent and contract employment, is it possible that I request my employer that they pay me my full before-tax salary and I pay the tax at the end of the year ...
1
vote
1answer
327 views
Filling out HMRC starter checklist while being self-employed
I'm self employed and starting a full time job soon. When I'm filling out the HMRC starter checklist, do I select option A, B, or C, considering I'll be continuing some of my freelance work?
*A – This ...
0
votes
0answers
23 views
In which situations can a participant of an Employee Stock Purchase Plan (ESPP) receive an "ESPP refund"?
I believe one reason to receive an ESPP refund is if the ESPP doesn't allow participants to purchase fractional shares and assuming that the ESPP contribution was not a multiple of the stock price. Is ...
0
votes
1answer
63 views
Employment Insurance (EI): Total Insurable Earnings vs Weeks of Entitlement
If one's Regular Weeks Entitlement for the EI is 50 weeks, but the Total Insurable Earnings amount is about $15,000 then does this mean that the EI payments would stop once the $15,000 has been paid ...
12
votes
2answers
615 views
How do I know if I am a Highly Compensated Employee?
Does my employer inform me whether or not I am a highly compensated employee? If not, how do I find out, other than getting money refunded at the end of year if my company was over their 401k HCE ...
8
votes
2answers
202 views
*Remote* internship for a UK company as a Spanish resident — they want me to go to the UK?
Background
My permanent residence is in (mainland) Spain
I'm studying at a university in the UK (specifically, Scotland)
At the start of this academic year (September 2020), I moved to the UK for ...
0
votes
3answers
252 views
My company is being acquired, pay?
Recently, I was informed by my employer, our start up company is being acquired by a larger firm.
I have been asked to exercise my shares, which I have.
The only question I have is regarding pay ...
1
vote
0answers
35 views
how does the taxation works if contract is from Spain and you are working in Germany
I am a resident in Germany and will have a contract from Spain. My work location will still be in Germany. Which country should I pay my taxes? How can this be arranged by payroll?
22
votes
6answers
6k views
Is it legal for a minor to be hired by a college to take notes for students with accessibility difficulties?
I'm enrolled in a local community college as a dual-credit student (basically that means I can complete high school courses in college to get a college degree and high school diploma simultaneously), ...
2
votes
0answers
94 views
What will I lose if US employer switches me to working for a foreign company?
I'm a dual citizen having grown up in the US, but working and residing outside of US for 20 years. I have worked for my US-based employer for 10 years during which time I've been paid in the US with ...
-4
votes
2answers
537 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
2k 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
54 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 ...
1
vote
2answers
250 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
95 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 ...
30
votes
2answers
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
70 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
3k 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
49 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
492 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
506 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) ...
6
votes
8answers
949 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
307 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
286 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
186 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
136 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 ...
56
votes
5answers
16k 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
112 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
3answers
2k 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
56 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
20k 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, ...
79
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
146 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
714 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
8k 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
24 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
91 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
147 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
130 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
430 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
628 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
129 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 ...
