Tuesday, October 20th, 2009
My husband is getting paid $12/hr this payroll gross was $918. The deductions are $278.40 (child support) and all the other taxes deductions. I see everything in order but they started also holding Philadelphia local Income tax for $88.04. I did know about Federal Income tax and PA income tax but this Philadelphia taxes I never herd of them and the withold amount is almost 3 times higher than the PA one. So he is only receiving $ $344.28 this payroll. Is this right?
Tags: Child Support, Federal Income Tax, Federal Tax, Gross, Income Tax Deductions, Payroll, Philadelphia Pa, Taxes
Posted in Boat Tax Deductions | 1 Comment »
Wednesday, February 18th, 2009
If a business:
1.) Operates to provide one type of service but has eight different incorps and llc’s to the same place of business…
2.) Has four postal addresses for one location….
3.) Spouse on payroll making excess 10K a month but knows NADA about business…
4.) Has millions of dollars in equiptment but lists them as assets for one of said holding companies listed above…
5.) Sells Inventory for cash
6.) Spouse has cleaning business making excess 75K a year with employees on OTHER spouses payroll and cleaning business has no EIN or history of tax payments..EVER.
7.) Claims boats and luxury travel as business expenditures (personal in nature)
Well I guess of course it’s not legit but could someone explain the reasoning behind the moving of assets to useless corps, spouse on payroll and so on? I am interested in knowing what benefit they are getting out of doing this. Why all the different addresses? Thanks Guys (and Gals)
Okay, P.S. It’s MY employer…..
Tags: Assets, Boats, Business Expenditures, Ein, Gals, Guess, Luxury Travel, Moving, Payroll, Place Of Business, Postal Addresses, Tax Evasion, Tax Payments
Posted in Boating Tax Benefits | 6 Comments »