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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 11 hours, 44 minutes
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Can you legally ask your employer to be paid in cash?
#23948521 - 12/22/16 09:42 AM (7 years, 1 month ago) |
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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?
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Edited by Patlal (12/22/16 09:47 AM)
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Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948551 - 12/22/16 09:49 AM (7 years, 1 month ago) |
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I'm pretty sure if cash payment is an option, it's up to you to make that decision. You won't be put on a list unless you don't pay tax. Just bring up the law you mentioned and ask if it would be possible to get switched over to cash payment on the next paycheck.
Also this...
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Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,546
Loc: United States
Last seen: 14 minutes, 10 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: Shiithead]
#23948590 - 12/22/16 09:58 AM (7 years, 1 month ago) |
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u can ask. Alotta places will cash ur check for u n stuff if ur like a crack head or something.
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psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,456
Loc: 613
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948594 - 12/22/16 09:58 AM (7 years, 1 month ago) |
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My understanding of legal tender law is that if someone owes you money and offers something other than legal tender to pay the debt, you can refuse and sue them for non-payment of the debt. Cheques definitely are not legal tender.
If you're not willing to take it to court though, they may just tell you to get fucked.
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CookieCrumbs
Fucked off to the pub


Registered: 12/10/11
Posts: 14,146
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Re: Can you legally ask your employer to be paid in cash? [Re: Shiithead]
#23948606 - 12/22/16 10:00 AM (7 years, 1 month ago) |
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You can definitely get a check, a paper check, that you can cash.
Also there are bank account options without fees
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Free time is the only time
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948609 - 12/22/16 10:01 AM (7 years, 1 month ago) |
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you can ask but it typically wont work out well because you'll be paying a larger chunk at the end of the year
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,546
Loc: United States
Last seen: 14 minutes, 10 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: Prisoner#1]
#23948625 - 12/22/16 10:05 AM (7 years, 1 month ago) |
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again its mostly like crackheads and people without bank accounts n shit doing this im pretty sure they even pay taxes either most times
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badchad
Mad Scientist

Registered: 03/02/05
Posts: 13,372
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948647 - 12/22/16 10:09 AM (7 years, 1 month ago) |
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If you're concerned about your bank charging you fees, get another bank.
-------------------- ...the whole experience is (and is as) a profound piece of knowledge. It is an indellible experience; it is forever known. I have known myself in a way I doubt I would have ever occurred except as it did. Smith, P. Bull. Menninger Clinic (1959) 23:20-27; p. 27. ...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely. Osmond, H. Annals, NY Acad Science (1957) 66:418-434; p.436
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 11 hours, 44 minutes
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Re: Can you legally ask your employer to be paid in cash? [Re: Prisoner#1]
#23948656 - 12/22/16 10:11 AM (7 years, 1 month ago) |
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Quote:
Prisoner#1 said: you can ask but it typically wont work out well because you'll be paying a larger chunk at the end of the year
Explain please
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948661 - 12/22/16 10:13 AM (7 years, 1 month ago) |
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if you're being paid in cash it typically means you're not having taxes taken out, come tax time you'll be paying those taxes out of pocket
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 11 hours, 44 minutes
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Re: Can you legally ask your employer to be paid in cash? [Re: Prisoner#1]
#23948664 - 12/22/16 10:13 AM (7 years, 1 month ago) |
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Quote:
Prisoner#1 said: if you're being paid in cash it typically means you're not having taxes taken out, come tax time you'll be paying those taxes out of pocket
Oh yeah, that's right.
Well, you gotta be responsible.
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948672 - 12/22/16 10:14 AM (7 years, 1 month ago) |
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it you dont pay taxes you end up with penalties and interest tacked on to the taxes you owe
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 11 hours, 44 minutes
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Re: Can you legally ask your employer to be paid in cash? [Re: Prisoner#1]
#23948682 - 12/22/16 10:19 AM (7 years, 1 month ago) |
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Quote:
Prisoner#1 said: it you dont pay taxes you end up with penalties and interest tacked on to the taxes you owe
True.
Again. Responsibility. Plus you get to actually feel the pain of taxes firsthand in you hands...
Has your tax issue been resolved by the way?
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948690 - 12/22/16 10:21 AM (7 years, 1 month ago) |
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yes, it went from them claiming I owed $297k to them paying me $5700 because I made sure to amend my taxes with my receipts for expenses
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: Prisoner#1]
#23948705 - 12/22/16 10:25 AM (7 years, 1 month ago) |
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Quote:
Prisoner#1 said: if you're being paid in cash it typically means you're not having taxes taken out, come tax time you'll be paying those taxes out of pocket
lol Wut. 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)
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948708 - 12/22/16 10:27 AM (7 years, 1 month ago) |
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Quote:
koods said:
Quote:
Prisoner#1 said: if you're being paid in cash it typically means you're not having taxes taken out, come tax time you'll be paying those taxes out of pocket
lol Wut. 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)
um no.
1099, an employer leaves you responsible for all your tax liabilities because he hired you as a contractor
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,546
Loc: United States
Last seen: 14 minutes, 10 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948709 - 12/22/16 10:27 AM (7 years, 1 month ago) |
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cant u like claim no withholdings or whatever? Some people dont like giving the gov free loans
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Crazy_Horse
I’m Rick James, bitch!


Registered: 08/15/16
Posts: 13,284
Loc: Hampsterdam
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948712 - 12/22/16 10:30 AM (7 years, 1 month ago) |
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Just cash the check and put the money in your mattress. 
I don't pay fees at the bank and I get a Birthday card from the main office hand signed by the employees.
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Crazy_Horse
I’m Rick James, bitch!


Registered: 08/15/16
Posts: 13,284
Loc: Hampsterdam
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Re: Can you legally ask your employer to be paid in cash? [Re: CHeifM4sterDiezL]
#23948714 - 12/22/16 10:31 AM (7 years, 1 month ago) |
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Quote:
CHeifM4sterDiezL said: cant u like claim no withholdings or whatever? Some people dont like giving the gov free loans 
Some people are required to prepay taxes.
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 11 hours, 44 minutes
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948715 - 12/22/16 10:31 AM (7 years, 1 month ago) |
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Quote:
koods said:
Quote:
Prisoner#1 said: if you're being paid in cash it typically means you're not having taxes taken out, come tax time you'll be paying those taxes out of pocket
lol Wut. 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'd be ok with employers withholding some cash for the government. I know I'm I could be investing that money somewhere and make a profit but fuck it. too much trouble.
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: Crazy_Horse]
#23948720 - 12/22/16 10:34 AM (7 years, 1 month ago) |
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If you underestimate your tax withholding you will be fined
Quote:
The United States income tax system is a pay-as-you-go tax system, which means that you must pay income tax as you earn or receive your income during the year. You can do this either through withholding or by making estimated tax payments. If you do not pay your tax or you pay an insufficient amount of tax through withholding, you might also have to pay estimated taxes. If you did not pay enough tax throughout the year, either through withholding or by making estimated tax payments, you may have to pay a penalty for underpayment of estimated tax. Generally, most taxpayers will avoid this penalty if they either owe less than $1,000 in tax after subtracting their withholding and estimated tax payments, or if they paid at least 90% of the tax for the current year or 100% of the tax shown on the return for the prior year, whichever is smaller. There are special rules for farmers and fishermen, certain household employers and certain higher income taxpayers. For more information, refer to Publication 505, Tax Withholding and Estimated Tax.
Quote:
Crazy_Horse said:
Quote:
CHeifM4sterDiezL said: cant u like claim no withholdings or whatever? Some people dont like giving the gov free loans 
Some people are required to prepay taxes.
Read above You don't owe tax once a year. You technically owe taxes every time you are paid for something.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,546
Loc: United States
Last seen: 14 minutes, 10 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948730 - 12/22/16 10:37 AM (7 years, 1 month ago) |
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Taxes are fucking stupid thats not how it works u square up at the end of the tax year they jus wanna hold ur money dewd
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: Prisoner#1]
#23948731 - 12/22/16 10:38 AM (7 years, 1 month ago) |
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Quote:
Prisoner#1 said:
Quote:
koods said:
Quote:
Prisoner#1 said: if you're being paid in cash it typically means you're not having taxes taken out, come tax time you'll be paying those taxes out of pocket
lol Wut. 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)
um no.
1099, an employer leaves you responsible for all your tax liabilities because he hired you as a contractor
Then you're not an employee. You are not an employee if you receive a 1099. By IRS definition, an employee must have estimated tax payments withheld.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: CHeifM4sterDiezL]
#23948733 - 12/22/16 10:39 AM (7 years, 1 month ago) |
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Quote:
CHeifM4sterDiezL said: Taxes are fucking stupid thats not how it works u square up at the end of the tax year they jus wanna hold ur money dewd
You're arguing with the IRS? I quoted directly from the IRS website.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 11 hours, 44 minutes
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948734 - 12/22/16 10:40 AM (7 years, 1 month ago) |
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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...
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Crazy_Horse
I’m Rick James, bitch!


Registered: 08/15/16
Posts: 13,284
Loc: Hampsterdam
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948736 - 12/22/16 10:41 AM (7 years, 1 month ago) |
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OP has to pay in maple syrup.
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948742 - 12/22/16 10:42 AM (7 years, 1 month ago) |
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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.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Crazy_Horse
I’m Rick James, bitch!


Registered: 08/15/16
Posts: 13,284
Loc: Hampsterdam
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Re: Can you legally ask your employer to be paid in cash? [Re: Crazy_Horse]
#23948744 - 12/22/16 10:43 AM (7 years, 1 month ago) |
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I have accountants pay for it all.
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CookieCrumbs
Fucked off to the pub


Registered: 12/10/11
Posts: 14,146
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948750 - 12/22/16 10:45 AM (7 years, 1 month ago) |
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Depends on how much you make and what sort of licence you hold too.
Taxes are stupidly complicated.
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Free time is the only time
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: CookieCrumbs]
#23948755 - 12/22/16 10:46 AM (7 years, 1 month ago) |
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Estimated tax payment schedule
April 18, 2016 June 15, 2016 Sept. 15, 2016 Jan. 17, 2017* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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CookieCrumbs
Fucked off to the pub


Registered: 12/10/11
Posts: 14,146
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Re: Can you legally ask your employer to be paid in cash? [Re: Crazy_Horse]
#23948756 - 12/22/16 10:46 AM (7 years, 1 month ago) |
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Quote:
Crazy_Horse said: I have accountants pay for it all.
Do you go to parties sometimes until 4? cuz it's hard to leave when you can't find the door...?
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Free time is the only time
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 11 hours, 44 minutes
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Re: Can you legally ask your employer to be paid in cash? [Re: CookieCrumbs]
#23948761 - 12/22/16 10:49 AM (7 years, 1 month ago) |
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Taxes always complicate everything...
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CookieCrumbs
Fucked off to the pub


Registered: 12/10/11
Posts: 14,146
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948762 - 12/22/16 10:49 AM (7 years, 1 month ago) |
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Quote:
koods said: Estimated tax payment schedule
April 18, 2016 June 15, 2016 Sept. 15, 2016 Jan. 17, 2017* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Again it depends. There are multiple contractors licences. Some of the lower brackets don't have to pay quarterly.
Least this is what I understand from talking with contractors.
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Free time is the only time
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,546
Loc: United States
Last seen: 14 minutes, 10 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: CookieCrumbs]
#23948763 - 12/22/16 10:49 AM (7 years, 1 month ago) |
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ohhh so now its monthly or quarterly. I mean im pretty sure the irs fucks up left right n center. Overcharging undercharging people losing money prob. whos keeping tabs on them fucking congress? Holy fuck guys.
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: CookieCrumbs]
#23948764 - 12/22/16 10:50 AM (7 years, 1 month ago) |
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My Maserati goes 185 but I lost my license and now I can't drive
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 11 hours, 44 minutes
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Re: Can you legally ask your employer to be paid in cash? [Re: CHeifM4sterDiezL]
#23948767 - 12/22/16 10:51 AM (7 years, 1 month ago) |
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Quote:
CHeifM4sterDiezL said: ohhh so now its monthly or quarterly. I mean im pretty sure the irs fucks up left right n center. Overcharging undercharging people losing money prob. whos keeping tabs on them fucking congress? Holy fuck guys. 
Given that every level of every government of every country is mismanaged except maybe France's health care system, I wouldn't be supprise that the IRS fucks up too.
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: CookieCrumbs]
#23948773 - 12/22/16 10:54 AM (7 years, 1 month ago) |
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Quote:
CookieCrumbs said:
Quote:
koods said: Estimated tax payment schedule
April 18, 2016 June 15, 2016 Sept. 15, 2016 Jan. 17, 2017* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Again it depends. There are multiple contractors licences. Some of the lower brackets don't have to pay quarterly.
Least this is what I understand from talking with contractors.
If your estimated tax is over $1000 you have to make a payment
Quote:
most cases, you must pay estimated tax for 2016 if both of the following apply. 1. You expect to owe at least $1,000 in tax for 2016, after subtracting your withholding and refundable credits. 2. You expect your withholding and refundable credits to be less than the smaller of: or a. 90% of the tax to be shown on your 2016 tax return, b. 100% of the tax shown on your 2015 tax return. Your 2015 tax return must cover all 12 months. Note. These percentages may be different if you are a farmer, fisherman, or higher income taxpayer. See Special Rules, later. Exception. You do not have to pay estimated tax for 2016 if you were a U.S. citizen or resident alien for all of 2015 and you had no tax liability for the full 12-month 2015 tax year. You had no tax liability for 2015 if your total tax was zero or you did not have to file an income tax return. Special Rules There are special rules for farmers, fishermen, certain household employers, and certain higher income taxpayers.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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CookieCrumbs
Fucked off to the pub


Registered: 12/10/11
Posts: 14,146
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Re: Can you legally ask your employer to be paid in cash? [Re: koods]
#23948789 - 12/22/16 11:01 AM (7 years, 1 month ago) |
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1000 per quarter/month or 1000 per year?
Cuz if you're a self employed contractor that partners with other self employed contractors its not hard to make under that 1000 in taxes each quarter. Especially if you're working the loop holes with your partners.
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Free time is the only time
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koods
Ribbit



Registered: 05/26/11
Posts: 106,066
Loc: Maryland/DC Burbs
Last seen: 13 minutes, 13 seconds
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Re: Can you legally ask your employer to be paid in cash? [Re: CookieCrumbs]
#23948797 - 12/22/16 11:05 AM (7 years, 1 month ago) |
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Quote:
CookieCrumbs said: 1000 per quarter/month or 1000 per year?
Cuz if you're a self employed contractor that partners with other self employed contractors its not hard to make under that 1000 in taxes each quarter. Especially if you're working the loop holes with your partners.
Your partners taxes are not your problem.
As soon as you've earned enough to owe $1000 for the year, you must make an estimated payment.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
Edited by koods (12/22/16 11:06 AM)
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luvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
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Re: Can you legally ask your employer to be paid in cash? [Re: Patlal]
#23948800 - 12/22/16 11:06 AM (7 years, 1 month ago) |
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Quote:
Patlal said:
Quote:
Prisoner#1 said: you can ask but it typically wont work out well because you'll be paying a larger chunk at the end of the year
Explain please
Ummm... no.
First...
Quote:
In the United States, withholding by employers of tax on wages is required by the federal, most state, and some local governments. Taxes withheld include federal income tax,[3] Social Security and Medicare taxes,[4] state income tax, and certain other levies by a few states.
https://en.wikipedia.org/wiki/Tax_withholding_in_the_United_States
Here in the US the Feds want their money now. The requirement, if you don't have your taxes taken out of the income, is that you must make quarterly estimated tax payments. Failure to do so will result in a fine.
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Taxes must be paid as you earn or receive income during the year, either through withholding or estimated tax payments. If the amount of income tax withheld from your salary or pension is not enough, or if you receive income such as interest, dividends, alimony, self-employment income, capital gains, prizes and awards, you may have to make estimated tax payments. If you are in business for yourself, you generally need to make estimated tax payments. Estimated tax is used to pay not only income tax, but other taxes such as self-employment tax and alternative minimum tax.
If you don’t pay enough tax through withholding and estimated tax payments, you may be charged a penalty. You also may be charged a penalty if your estimated tax payments are late, even if you are due a refund when you file your tax return.
Estimated tax requirements are different for farmers and fishermen. Publication 505, Tax Withholding and Estimated Tax, provides more information about these special estimated tax rules. Who Must Pay Estimated Tax
Individuals, including sole proprietors, partners, and S corporation shareholders, generally have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.
https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes
-------------------- 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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luvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
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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) |
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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.
-------------------- 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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luvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
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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) |
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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'.
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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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luvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
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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) |
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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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Shroomism
Space Travellin



Registered: 02/13/00
Posts: 66,015
Loc: 9th Dimension
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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) |
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luvdemshrooms said:
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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
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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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Shroomism
Space Travellin



Registered: 02/13/00
Posts: 66,015
Loc: 9th Dimension
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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) |
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Also Patlal... go to a credit union...
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demiu5
humans, lol


Registered: 08/18/05
Posts: 43,948
Loc: the popcorn stadium
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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) |
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koods said:
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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
-------------------- channel your inner Larry David
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sh4d0ws
LSx


Registered: 02/26/08
Posts: 12,086
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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) |
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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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Mandarinfish

Registered: 01/27/15
Posts: 1,365
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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) |
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.
Edited by Mandarinfish (07/17/20 09:34 PM)
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luvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
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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) |
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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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