when does a small business employer NOT have to report an employees wages and taxes?
Question by jamzesmom: when does a small business employer NOT have to report an employees wages and taxes?
Like is there a limit to what she has to pay someone..like 600.00 a year? She says I am considered casual labor and as long as my wages dont exceed 600.00 she doesnt have to pay taxes and neither do I…This is a small bookstore. That I no longer work at by the way because she wanted to pay me 100 percent “store credit”.
Best answer:
Answer by Judy1
If you are an employee, they must take out taxes and give you a W-2 at the end of the year no matter how little you make.
If you work as an independent contractor, they only have to give you a 1099 if they pay you $ 600 or more in a calendar year. You still are required to report it on your tax return though if you made over $400, or if you file a return for any other reason.
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Categories: Credit Score Questions Tags: Business, employees, employer, Report, small, small business, taxes, wages
What can a prospective employer see in a credit check done to a prospective employee?
Question by djc07: What can a prospective employer see in a credit check done to a prospective employee?
What I mean is can they actually go into detail with your accounts, etc.? OR do they only see you “credit rating” or “score”?? Someone with experience as an employer or manager, please help me out with this one. I am going to have a credit check done on me for a job, and my credit if considered “fair” because I don’t have a long credit history, but I need a little info.
Best answer:
Answer by HarleyGirlSD
Stability, responsibility, and reliability. As for what’s disclosed, it depends on your employer and the type of service they subscribe to.
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Categories: Credit Score Questions Tags: Check, Credit, done, employee, employer, prospective