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Can two entities share the same Employer identification numbers?
Wiki User
∙ 15y ago
Not two different LEGAL entities
Wiki User
∙ 15y ago
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What is business combinations?
may arise when one entity acquires control over to combines with another business by acquiring the share capital of another or the tow entities exchange their issued share capitals.
Who has to file IRS 941 form?
The 941 form is a payroll form filed by employers to pay the collected Federal Income Taxes withheld, the employee and employer share of social security, and the employee and employer share of medicare taxes. This form is a quarterly form which reconciles the tax payment due with the taxes already paid throughout the quarter.
What is a pass through entity?
An entity that passes through taxable income to it's owner and therefore pays no taxes. EG S-Corporation is a pass-through entity - it pays no tax - the shareholders pay tax on their proportionate share of the income. Partnerships are also pass-through entities.
What does the accorynm ESOP stand for?
This a an employee stock buy option, also known as Employee ownership through employer stock. This is best define as the Employee share Option Plans (ESOP). You are basically given the option to buy stock into the company.
Can an employer use W-4 to withhold taxes and give employee a 1099?
No. A 1099 is issued to self-employed contractors hired to do a job. If your employer issued you a 1099, they are telling your state's Dept of Employment and Dept of Revenue that you're an independent contractor (self-employed). This means they generally are not withholding any taxes from your pay, nor are they paying their share of payroll taxes or paying unemployment insurance for you. This puts you on the hook for all your own self-employment taxes (FICA & Medicare) which is shared between an employer and an employee. You'll want to check on independent contractor laws in your state to see if your appropriately classified and your employer is paying what they're supposed to pay.
How do you audit share based payments and special purposes entities?
examples of audit procedures for share based options
If an employer does not share and simply follows the law does it mean he is unethical?
No the employer is following the law.
Who owns the Automatic Identification System?
Nobody. Ships and boats buy AIS transmitters. Ships >300 tons are required to do so. Receiving stations are owned by many entities -- from commercial groups, to government, to private individuals. Many share their data freely however, e.g. www.marinetraffic.com
List the deal-winning tactics that you used in order to enhance market share for your current employer?
Answering "List the deal-winning tactics that you used in order to enhance market share for your current employer?"
How distance Arizona to Mexico border in km?
Both entities share a common border (e.g. distance is 0)
How do you share numbers?
by giving them
What is the term for a factor that two or more numbers share?
A factor that two or more numbers share is known as a common factor.
Do college instructors share their book royalties with their employer?
It depends on contractual language when they were hired.
What is distriubution?
distribution is the spreading of goods or services or other desirable characteristics of organizations throughout other entities who are awaiting their share of the distribution.
What are common in rational and irrational numbers?
They are real numbers, so they share all the properties of real numbers.
Why are the other mineral properties less useful for identification?
it's because there are too many other minerals which share the same property.
Can an employer force you to pay fica?
An employer is required by law to subtract FICA from your paycheck (or pay it himself and add the amount as additional income on your W-2) as well as pay his own share. Your employer will deduct the amount from your salary with or without your consent. In rare cases where the employer cannot deduct FICA from your salary (for example, you work mostly on tips and your salary is less than what you owe for FICA), your employer will simply report the uncollected amount to the IRS on your W-2 and whether you pay or not is between you and the IRS. Similarly, if you have unreported tips or self-employment, your employer will not get involved in whether or not you pay.
