VERIFYING SELLERS INFO-14 DAYS TO DO - tanTALK

imonhevn · 10-22-2004, 01:10 PM

PAYROLL TAXES-IF THE UNDER/TABLE FIGURE IS 25,OOO WHAT TAX (U.I,WKRS COMP,ETC)% DO I ADD TO GET MY LEGITIMATE COSTS.

Sherin · 10-22-2004, 01:41 PM

www.irs.gov

Neon Beach · 10-22-2004, 07:00 PM

www.tax-evasion.com

tanu01 · 10-23-2004, 12:44 AM

Yep, it scares me but neon is right - no under the table !!!! Even if it was not illegal your still cheating yourself when it comes to taxs
Bob

DWhite6872 · 10-23-2004, 01:00 PM

It's not worth it.

sizzlestan · 10-23-2004, 03:27 PM

Under the table crap hurts every single person. WOW, you save 7.65% in employer paid in SSI/Medicare but you lose the entire tax bracket % on the expenses. YOU LOSE, the government loses, your community loses and the only person who makes out is the under the table employee because he/she probably claims unemployment or poor people benefits that are paid using employee paid in taxes.

Dont cheat and you never have to worry about the IRS.

tanu01 · 10-23-2004, 07:50 PM

Right on
Bob

SwedaGuy · 10-25-2004, 10:33 AM

Agreed...hate to sound harsh, but the previous owner here did that...I wouldn't touch that situation with that proverbial ten foot pole...

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10-22-2004, 01:10 PM	#1 (permalink)
imonhevn Join Date: Oct 5 2004 Posts: 3 Rep Power: 0	PAYROLL TAXES-IF THE UNDER/TABLE FIGURE IS 25,OOO WHAT TAX (U.I,WKRS COMP,ETC)% DO I ADD TO GET MY LEGITIMATE COSTS.

10-22-2004, 01:41 PM	#2 (permalink)
Sherin I love Derf!! Join Date: Aug 10 2004 Location: Puget Sound Posts: 2,870 Rep Power: 24	www.irs.gov

10-22-2004, 07:00 PM	#3 (permalink)
Neon Beach Join Date: Nov 30 2000 Location: Ontario Age: 61 Posts: 38,594 Rep Power: 107	www.tax-evasion.com

10-23-2004, 12:44 AM	#4 (permalink)
tanu01 "The Man" Join Date: Mar 4 2003 Location: ohio Posts: 4,015 Rep Power: 23	Yep, it scares me but neon is right - no under the table !!!! Even if it was not illegal your still cheating yourself when it comes to taxs Bob

10-23-2004, 01:00 PM	#5 (permalink)
DWhite6872 Waiting Confirmation Join Date: Apr 22 2004 Posts: 3,646 Rep Power: 0	It's not worth it.

10-23-2004, 03:27 PM	#6 (permalink)
sizzlestan Join Date: Jul 25 2004 Posts: 446 Rep Power: 20	Under the table crap hurts every single person. WOW, you save 7.65% in employer paid in SSI/Medicare but you lose the entire tax bracket % on the expenses. YOU LOSE, the government loses, your community loses and the only person who makes out is the under the table employee because he/she probably claims unemployment or poor people benefits that are paid using employee paid in taxes. Dont cheat and you never have to worry about the IRS.

10-23-2004, 07:50 PM	#7 (permalink)
tanu01 "The Man" Join Date: Mar 4 2003 Location: ohio Posts: 4,015 Rep Power: 23	Right on Bob

10-25-2004, 10:33 AM	#8 (permalink)
SwedaGuy Waiting Confirmation Join Date: Sep 3 2004 Posts: 533 Rep Power: 0	Agreed...hate to sound harsh, but the previous owner here did that...I wouldn't touch that situation with that proverbial ten foot pole...

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