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You owe the IRS for employee taxes Can they seize your financed vehicles?
Wiki User
∙ 15y ago
For this debt, which is also prosecutable as theft, because the money taken wasn't yours but the employees/governments that you had in trust for them, pretty much exposes you to all possible collection actions including seizure of any personal assets.
Wiki User
∙ 15y ago
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Is an employer responsible for payroll taxes if the employee is paid less than 390.00 weekly Calif?
The employer needs to have them fill out a w-2 and then the taxes are taken out by the employer,paid to the iRs then the IRS decided what refund the employee gets or what they owe.No matter how much you pay them or they earn.
What is a 401(k) plan?
A 401(k) plan is a "savings" plan that allows an employee to put aside money from his paycheck before any taxes are calculated on it. In other words, there are no federal or state taxes. They are however subject to social security and medicare taxes. The 401(k) plan is administered by the employer. Some employers match a portion of the amount the employee contributes to his own plan. Average match is about 3% of the employee earnings. There is a limit each year for the amount that the employee can contribute.
Business owned by stock holders?
taxes come from a national company formed in the U.S.A, mainly to accommodate people with out vehicles wanting to a far destination in a short while.
Is disposable income after you have paid your living expenses?
No. Disposable income is that which is left after all taxes, pension contributions, medical insurance share, etc. has been deducted from an employee's salary.
What about 401k?
A 401(k) plan is a retirement account to which employee and employer contribute, on which taxes are deferred until withdrawal, and for which the employee selects the types of investments.However,the 401(k) plan has many ups and downs and many regulations. Read more here http://401ksource.info and http://personalfinance401k.weebly.com
How is the government financed?
The government is financed through taxes.
How was the Persian Empire financed?
In the usual way - taxes.
What are social security and medicare financed by?
Payroll taxes on employers and employees.
What if no one paid taxes?
If no one paid taxes then all government spending would be financed solely by the sale of lottery tickets.
How did the french finance their wars?
The French have financed their wars the same way that every other country has financed wars throughout history: taxes and foreign debt.
Do US government workers pay taxes?
Yes. I am a federal government employee and I pay the same taxes that a private industry employee pays.
What taxes would be deducted in determining an employee's net pay?
FICA taxes
Which payroll taxes are the employee's responsibility?
FICA tax, Futa and Suta taxes
Why did states seize farmers land?
Land, because they couldn't pay their taxes.
Why did officials seize farmers land?
Land, because they couldn't pay their taxes.
Why did state officials seize farmers land?
Land, because they couldn't pay their taxes.
Which of the following is not deducted from an employee's payroll?
Property taxes
