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benefit is that,when a person engage in a company as executive or manager he must be count as professional, so employer engage professional so thatswhy, a profession must be pay some tax through employer. in this tax employee benefits some tax as well as employer .
Gerda O'Conner
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Are key employee insurance premiums deductible?
It depends on who is paying the premium and who receives the benefit. Always a good idea to consult a tax professional when deciding on tax related issues. Just remember, a tax deduction today is fully taxable when benefits are paid out.
Should I ask my tax professional if they will pay for any errors on my taxes?
Part of the benefit of paying a tax professional is that he or she signs off as the preparer of the tax filing and will stand by the filing if it is questioned. Keep in mind that the tax preparer is only as good as the information you submit.
What is the highest paying job for tax professional?
Being a tax inspector is the highest paying job for a tax professional. In the United States, as of 2013, the average annual salary of a tax inspector is $40,000.
How do tax payers benefit from paying taxes?
Individuals benefit from state services.
Who pays child benefit?
We do simply by paying tax!
Is professional tax paid by employee refundable?
No its not refundable- Rafik
What is fringe benefit tax?
It is the taxation of most, but not all fringe benefits, which are generally no-cash employee benefit.
Is professional tax can be paid by the employer on behalf of employee?
no its not paid by employer
What is the purpose of a tax sheltered annuity?
Tax sheltered annuity refers to an employee making contributions into his/her retirement plan from his/her wages. If this is a direct contribution to the plan, this means the employee has the benefit of tax-free funds.
Why an employee paid income tax?
so next time they don't have to pay it, its paying in advance
Is a decedent's estate responsible for paying the self-employment tax on non-employee compensation?
You mean on the decedents non-employee comp...Yes
Can an employee be exempt from paying social security tax even if the employer is not?
See http://www.losthorizons.com/Newsletter.htm
