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Invisibleluvdemshrooms
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Registered: 11/29/01
Posts: 34,247
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
    #23948803 - 12/22/16 11:07 AM (7 years, 1 month ago)

Quote:

koods said:
It's illegal for your employer to not take out a withholding, and if for some reason they don't it would be illegal for you not to pay estimated tax every quarter (maybe every months not sure)




I didn't see this until after I posted my response... but this is correct.


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You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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Invisibleluvdemshrooms
Two inch dick..but it spins!?
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Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
Re: Can you legally ask your employer to be paid in cash? [Re: Prisoner#1]
    #23948809 - 12/22/16 11:09 AM (7 years, 1 month ago)

Quote:

Prisoner#1 said:
1099, an employer leaves you responsible for all your tax liabilities because he hired you as a contractor




A 1099 is for 'Miscellaneous Income'.

Wages are not 'Miscellaneous Income'.


Quote:

Form 1099-MISC, Miscellaneous Income

File this form for each person to whom you have paid during the year:

    at least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest;
    at least $600 in:
        rents;
        services performed by someone who is not your employee;
        prizes and awards;
        other income payments;
        medical and health care payments;
        crop insurance proceeds;
        cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish;
        generally, the cash paid from a notional principal contract to an individual, partnership, or estate;
        payments to an attorney; or
        any fishing boat proceeds,

In addition, use this form to report that you made direct sales of at least $5,000 of consumer products to a buyer for resale anywhere other than a permanent retail establishment.




https://www.irs.gov/uac/about-form-1099misc


--------------------
You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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Invisibleluvdemshrooms
Two inch dick..but it spins!?
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Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
Re: Can you legally ask your employer to be paid in cash? [Re: koods]
    #23948816 - 12/22/16 11:12 AM (7 years, 1 month ago)

Quote:

koods said:
I'd you are an employee you have your estimated tax withheld. If you are self
Employeed or receive other payments as a contractor, you must file and submit estimates tax either quarterly or monthly depending in how much money you will owe.




That (but quarterly)


--------------------
You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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InvisibleShroomismM
Space Travellin
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Registered: 02/13/00
Posts: 66,015
Loc: 9th Dimension
Re: Can you legally ask your employer to be paid in cash? [Re: luvdemshrooms]
    #23950127 - 12/22/16 08:40 PM (7 years, 1 month ago)

Quote:

luvdemshrooms said:
Quote:

Prisoner#1 said:
1099, an employer leaves you responsible for all your tax liabilities because he hired you as a contractor




A 1099 is for 'Miscellaneous Income'.

Wages are not 'Miscellaneous Income'.


Quote:

Form 1099-MISC, Miscellaneous Income

File this form for each person to whom you have paid during the year:

    at least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest;
    at least $600 in:
        rents;
        services performed by someone who is not your employee;
        prizes and awards;
        other income payments;
        medical and health care payments;
        crop insurance proceeds;
        cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish;
        generally, the cash paid from a notional principal contract to an individual, partnership, or estate;
        payments to an attorney; or
        any fishing boat proceeds,

In addition, use this form to report that you made direct sales of at least $5,000 of consumer products to a buyer for resale anywhere other than a permanent retail establishment.




https://www.irs.gov/uac/about-form-1099misc




1099 is for misc income AND independent contractors
https://www.irs.gov/businesses/small-businesses-self-employed/forms-and-associated-taxes-for-independent-contractors

Quote:


Form 1099-MISC

Form 1099-MISC (PDF) is most commonly used by payers to report payments made in the course of a trade or business to others for services.

If you paid someone who is not your employee, such as a subcontractor, attorney or accountant $600 or more for services provided during the year, a Form 1099-MISC (PDF) needs to be completed, and a copy of 1099-MISC (PDF) must be provided to the independent contractor by January 31 of the year following payment. Starting with 2016, you must also send a copy of this form to the IRS by January 31.

Also note that independent contractors may have their own employees or may hire other independent contractors (subcontractors). In either case, they should be aware of their tax responsibilities, including filing and reporting requirements, for these workers.

There are certain situations where a 1099 is not required. These exceptions are listed in the 1099 Instructions (PDF).




I've been an independent contractor at several places... had to use a 1099 (by law).... and had to pay my taxes myself every quarter (they were not taken out of paycheck), so not sure what you guys are talking about... 1099 is most definitely used for subcontractors and independent contractors.


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InvisibleShroomismM
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
    #23950133 - 12/22/16 08:43 PM (7 years, 1 month ago)

Also Patlal... go to a credit union...


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Invisibledemiu5
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Registered: 08/18/05
Posts: 43,948
Loc: the popcorn stadium
Re: Can you legally ask your employer to be paid in cash? [Re: koods]
    #23950140 - 12/22/16 08:44 PM (7 years, 1 month ago)

Quote:

koods said:
Quote:

Patlal said:
You know. I somehow it doesn't make sense to me that you owe tax immediately upon earning your paycheck cause I'm sure you can just file it at the end of the year. At least in Canada. You have a paper before you start all your jobs asking you how the company will mange you deductions.

Then again. I'm not 100% about this and I really don't feel like doing a search on our poorly designed government websites...





I'd you are an employee you have your estimated tax withheld. If you are self
Employeed or receive other payments as a contractor, you must file and submit estimates tax either quarterly or monthly depending in how much money you will owe.






you don't HAVE to pay quarterly.  i can't remember the fine from last tax season, but it is something like $8-15/quarter that you don't pay estimated taxes.  i don't pay my quarterly estimates because i'd rather have all my funds available at all times and pay their fine then to be in a tight spot.


/crosses fingers hoping i won't owe taxes this year after deductions


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channel your inner Larry David


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Invisiblesh4d0ws
LSx
I'm a teapot User Gallery

Registered: 02/26/08
Posts: 12,086
Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
    #23950213 - 12/22/16 09:13 PM (7 years, 1 month ago)

Quote:

Patlal said:
I was tin foil hatting this morning about this. Fuck the banks. They take what's in your account, invest it, turn a profit, give you nothing for it and then they charge you a fee at the end of the month. I don't want that anymore, fuck that. I getting out of this circle of abuse. Everybody has a bank account. Nobody thinks twice about this. We all pay the fees like morons while they make billions every year off our backs so the CEO can buy yet another yacht... I'm telling you, fuck that. Why are we doing this?

That being said; do you guys think I can can just demand my employer to pay me in cash and then give me a pay stub for taxes?

Will this put me on a bunch of lists?
Have you ever asked that before?

Here we have a legal right to be paid by cheque, by direct deposit or in cash. Althout I'm not sure if the employee makes that decision or the employer makes that decision.

Food for thought.

Do you guys know?






Tangerine bank. No fees, unlimited debit transactions, decent interest rates, you can use scotia bank ABM's so there is a vast network you can get money at. Debit transactions are free and unlimited, no fees, seriously.

You even get a certain amount of e transfer per month for free, no $1.50 fee like everywhere else.

It's a little different to set up an account but still worth it. I love tangerine. They fucked me around and gave me $50 for free for fucking up, and they charge me no fees.

Amazing.


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OfflineMandarinfish

Registered: 01/27/15
Posts: 1,365
Last seen: 1 year, 2 months
Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
    #23950270 - 12/22/16 09:38 PM (7 years, 1 month ago)

.


Edited by Mandarinfish (07/17/20 09:34 PM)


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Invisibleluvdemshrooms
Two inch dick..but it spins!?
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Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
Re: Can you legally ask your employer to be paid in cash? [Re: Shroomism]
    #23950872 - 12/23/16 05:24 AM (7 years, 1 month ago)

Quote:

Shroomism said:
I've been an independent contractor at several places... had to use a 1099 (by law).... and had to pay my taxes myself every quarter (they were not taken out of paycheck), so not sure what you guys are talking about... 1099 is most definitely used for subcontractors and independent contractors.




I too use 1099's.

However, if you're paying someone through a payroll process like Patlal describes, you are required to have your taxes with-held. If you are paid differently by the payee, you'll likely get a 1099 and thus have to pay your taxes quarterly.


--------------------
You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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