Should I quit?
Question:
Answer:
It sounds like you are working as an outside contractor and that is why there are no taxes being taken out. They should have told you that when you were hired, but some places don't and that causes problems at tax time. If you want you can contact the IRS and get a form to set-up an account that you'd pay into to cover your taxes, plus there is some accounting software out there that'll help to, (Quicken, Quick Books, MS Money, etc.). As for staying or quiting, well you are getting an education in the corporate life thing of being a lowly peon being promised a raise and having to wait for it. So it does happen, but to be told at hiring that you are getting paid one thing and it turn out that you are not, well that is kinda of shady. The fact that they seemed to tell you little and have left you in a lurch with the IRS seems to me that they are explotive in their treatment of you. Maybe it was because of your youth or maybe they try to do it to all their employees and on some it works others it doesn't. But honestly I'd go out and find another job, they may give you a raise in a year, or they may say that you have to work "full-time" for a year to earn the raise. Go get a job as a security guard with some national company, they'll let you work part-time and are normally flexible on the schedule. But no matter where you go, pay attention to your pay check and the paperwork you fill out when you are hired. Always make certain that taxes (the right taxes as well) are being taken out and that your hours and pay rate are correct.
You always owe the IRS part of your salary. They are obligated to take taxes out.
That is not right what they did to you! You're young, if you really like the job you might as well stay. There's no rush to find something better so do whatever you prefer to.
hell no there doing you in the game, and thats illegal. report that Sh** to the Tax athority or the law.
just have them start taking extra out of your checks to pay for the $900 over time. ask for an extension from the government to pay the $900. keep the job b/c with out it you will never be able to pay the government your money you owe them
WOW.8.50 an hour to start and you kmake your own hours and you are also under 18.I would say that that is worth staying for.Most teens here in this state only start for minimum wage.
it is your responsibilty to pay your taxes not your employer, you will still have to pay your taxes regardless if you quit or stay, and its obvous that if the government knew that you owed taxes, your employer is not doing anything illegal. "being paid under the table"
#1 they are full of crap! It's called them paying taxes. It sounds to me like they are not paying the payroll taxes. I would seriously talk to a lawyer. They are taking you for a ride and yes I wouild quit. You don't need IRS problems at 18yrs old.
it was illegal for the company not to take taxes out so that is there fault but most likely unless you take legal recourse on this and the slasry you will have to pay it
this company sounds like they got monkey brains working for them
Call your state Dept of Labor, and ask them. Depends on what kind of emplyee you are, salaried or contractor. Sounds like a slimey way to run a business, misleading it's own people. Unfortnately, it is legal but ethically? I disagree with most to the answers above but look into it, maybe you can file a complaint.
Only you can decide if the job is worth $8.50 an hour. Being able to work in a nice, flexible office environment as a minor, being able to set your own hours and not work very hard is definitely worth something...but without knowing your alternatives (other job opportunities) it's impossible for me to comment if it is worth it, especially since you don't comment on your financial requirements.
Yes, it sucks to have been expecting $.50 / hour more. It also sucks to find out taxes aren't being deducted.
But take each of these objectively: You can be disciplined to save a small portion of each paycheck to pay your taxes when due (either quarterly estimated or April 15th). Bottom line is any employee can easily determine the amount of withholding from each paystub received so it's not only the employer who is responsible to check. Also, is $.50 a backbreaker for you? It doesn't sound like it since you've been there for four months.
If I were you, unless you had a killer job lined up elsewhere, I'd work a little longer each day (you state you can stay as long as you want), save a little from each paycheck, and be thankful you work in an easy job with cool people.
Best to you.
okay you are making good money, but for them to not be taking taxes out is illegal and you should not be held accountable. I would seriously get a lawyer.
No not necessarily. If you filled out a W-4 when you were hired and claimed a student exception, they did not have to take taxes out. You can change your W-4 at any time you want if you feel you'd have to pay taxes at the end of the year. I suggest at this point for the rest of the year you change your W-4 to being SINGLE with NO EXCEPTIONS. That way you might be able to make up what you will owe. At the beginning of 2008, if you are still there, change the W-4 to single with 1 exception.
it is good to stay on this job but for temporary until you graduate from the collage, then you should to work in the same field for what did you study it in the collage ,but if this communications company they can offer you the same what did you study then stay unless if you fined better place in the feature then go for it
wherever u go, u must get to pay the irs someday. stay and pay off ur debt.
My mother always tells me that I need to sit down and make a list when I get into a situation like this.
Make two columns on your page, pros and cons, and be specific.
For example:
Pro-staying:
1.Great employees
2.Great hours, and flexibility
3. Get a raise after a year
Against staying:
1. Employers lied about pay
2. I owe IRS, and will continue to owe
3. only making $8 per hour after taxes
You get the picture. The thing is, those ARE really great pros...many of us never find a job with those perks! YOU have to decide whether the pros outweigh the cons.
You can change how much is taken out of you by adjusting your W-4 and having them take extra out for the additional amount of time that you work. It will make your take home less, but if it's not in your check, you won't miss it as much, and the extra they take out until next January should compensate for what they failed to take out in the beginning.
If your manager of resources doesn't know enough to help you fix your W-4, take it and ask someone else.someone there will know. You can even call the IRS and ask them, and they will help you do it right!!
I checked at the IRS website, and this is what they said:
What can be done if an employer will not withhold income taxes, social security, and Medicare from my pay?
Generally, if an employer does not withhold income taxes, social security, and Medicare from your pay, you are being treated as an independent contractor (self-employed person). If you believe an employee relationship exists and you cannot resolve this matter with your employer, you should submit a Form SS-8 (PDF), Determination of Employee Work Status for Purposes of Federal Employment Taxes and Income Tax Withholding. The factors used to determine if an employer-employee relationship exists are covered in Chapter 2 of Publication 15-A (PDF), Employer's Supplemental Tax Guide.
If your status as an employee is not at issue, it may be that you are in a category of employment whose earnings are not defined as wages under U.S. federal tax and social security law. Find out from your employer the reason that social security and Medicare taxes and income taxes are not being withheld from your pay. If you have further questions, contact the IRS at 800-829-1040 or visit an IRS walk-in office for assistance.
References:
* Form SS-8 (PDF), Determination of Employee Work Status for Purposes of Federal Employment Taxes and Income Tax Withholding
* Publication 15-A (PDF), Employer's Supplemental Tax Guide
* Publication 1779 (PDF), Independent Contractor or Employee
12.4 Small Business/Self-Employed/Other Business : Form W–4 & Wage Withholding
Telephone Assistance for Individuals
Toll-Free, 1-800-829-1040.
Good luck!!
You need to fill out your own W-4. Ask to be on the payroll. If their policy is that all employees are hired as independant contractors, then you need to get a 1099 at the end of the year, not a W-2.
If they sent you a W-2 at the end of the year, and never took any money out of your paycheck for taxes, they don't know what they're doing. Still, it's not your reponsibility, as long as you are reporting your full year's wages in your income tax returns. You will owe money at the end of every year, but it would be the same amount you would have been losing from your paycheck each pay period.
As long as you file a complete income tax return with State and Fed, then you are doing nothing illegal.
sounds to me like they have your on the books as a self employed contractor. this means that you are responsible for paying your own taxes. the only thing they have done wrong is not inform you. Question is were are all those other 50 cents gone if the IRS doesn't have them. your company does and they owe it to you so you can pay your bill. I would contact the revenue and let them know about the problem. they may or may not sort out the missing payment. they will make sure your employer doesn't get it wrong again. as for going or staying that's up to you. if it was me I'd move on there's something wrong if the company your working for cannot sort out a little problem like this.
Regards Paul.
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