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Old 10-22-2004, 02:10 PM   #1 (permalink)
 
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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.

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Old 10-22-2004, 02:41 PM   #2 (permalink)
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Old 10-22-2004, 08:00 PM   #3 (permalink)
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Old 10-23-2004, 01:44 AM   #4 (permalink)
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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
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Old 10-23-2004, 02:00 PM   #5 (permalink)
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It's not worth it.
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Old 10-23-2004, 04:27 PM   #6 (permalink)
 
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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.
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Old 10-23-2004, 08:50 PM   #7 (permalink)
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Right on
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Old 10-25-2004, 11:33 AM   #8 (permalink)
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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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