Questions tagged [employment]

to be used for any presonal finance question related to employment. Related tags are "Self-employment, unemployment, employment-law

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1answer
206 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 ...
2
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1answer
215 views

Direct deposit downside

After working at a job for four years as a salaried employee, my employer has offered direct deposit. He says he has to hold a weeks pay in arrears to give time to adjust deposits for those who leave ...
2
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1answer
6k views

US citizen living and working in US for a Canadian company.

I will be working for a Canadian software company remotely from my home in the US. The company doesn't have a US branch or presence. How will the company pay me without a US division? And will I ...
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0answers
92 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 ...
2
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0answers
129 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 ...
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0answers
193 views

Underwriters refusing to use TheWorkNumber

Earlier this year, an underwriting department informed me they are no longer allowed to accept TheWorkNumber for employment verification purposes on any Fannie Mae Freddie Mac loans because of ...
2
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1answer
127 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 ...
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3answers
441 views

Why should I not disclose my salary?

I'm not looking to blurt out or brag about my salary in social media or anything. I'm apparently making an article about how to get a raise and I am planning to disclose the exact raise (not salary) ...
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2answers
565 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 ...
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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?
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2answers
216 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 ...
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1answer
264 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 ...
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1answer
61 views

Moving to a state where my employer has no business set up - implications?

I am moving to Colorado, where my company (based in NY and FL) does not have an office. I will still be employed by them, but working from my home in CO. What are the tax implications for the company?...
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2answers
153 views

Common Stock Options Value

Definitely related to this: Job Offer - Explain Stock Options [US] This is the language of the employment contract: At the outset of your employment you will be provided with an initial grant of ...
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2answers
298 views

How to enable my employer to pay for resident taxes/FICA they did not deduct from paycheck

As I mentioned in this question (Can my employer adjust FICA contributions on payroll they have already processed?), my first paycheck (after a sabbatical) in the first two weeks of February did not ...
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1answer
2k 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 ...
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2answers
286 views

Considerations for taking a sizable break from working

The Proposition From time to time, my wife and I consider the "foolish" idea of leaving our jobs (and, likely, careers) and taking a sizable chunk of time off from working, or at least working in the ...
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1answer
78 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 ...
1
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1answer
229 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 ...
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1answer
93 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 ...
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1answer
117 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 ...
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0answers
34 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?
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2answers
238 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 ...
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0answers
48 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 ...
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0answers
111 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 ...
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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 ...
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0answers
77 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 ...
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0answers
978 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 ...
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0answers
43 views

How can I find out what pension formula a new prospective employer uses before joining the company

I am considering joining as a permanent employee in Canada Pension Plan Investment Board. But I cannot find the pension calculation formula that they use for their retired employees on the careers ...
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0answers
205 views

Claim tax relief on purchase in UK as full time employee

As a full time employee in an I.T. company can I claim tax relief on purchases related to my job? My employer does not provide a laptop so I was considering buying one myself and was wondering if ...
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2answers
417 views

Why is tax being paid on my salary multiple times?

I live in USA. I am working for a small company that has around 35 employees, that is owned by one person (my employer). My employer pays taxes on the income generated by the company, pays my salary,...
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4answers
1k views

Everyone got a raise to them same amount, lost my higher pay than the newer employees [closed]

Long story short, I work in retail as a part-time employee. I have worked there over two years through college which limits my hours to weekends only during Spring/Fall semesters. I have never ...
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5answers
500 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) ...
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2answers
303 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 ...
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2answers
52 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 ...
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1answer
90 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 ...
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1answer
159 views

Healthcare / FSA: Lost job. Have expenses from earlier an the year that I have not submitted

(Maybe relevant: I'm in Texas.) My position was terminated last week. Yay. I have a little over $12000 in medical expenses for this year, most of which I had not yet gotten around to submitting. (I ...
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3answers
244 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 ...
0
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1answer
421 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 ...
0
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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?
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1answer
139 views

Employer changed my Roth 401k to a traditional 401k. Can they do that?

My HR lady changed my Roth 401K to the traditional 401K without asking me and told me to correct it on my login with ADP. I don't want the traditional 401K. Can they force me to do the traditional ...
0
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1answer
54 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 ...
0
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1answer
66 views

Where can I find information about the relationship between the owner of a company and its business administrator?

Through the past years, working as a employee, I have managed to save some money and now I want to buy a company. I chose a restaurant, because I already have experience in this area. However, I do ...
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1answer
53 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
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1answer
2k 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 ...
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1answer
285 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 ...
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1answer
440 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'...
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1answer
441 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 ...
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1answer
774 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?
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0answers
22 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 ...