An employer generally cannot withhold a final paycheck from an independent contractor unless there is a contractual agreement or specific legal reason for doing so, such as unpaid advances or costs incurred during the contract. Independent contractors are typically paid according to the terms of their contract, and failure to pay can lead to legal disputes. It's important for both parties to understand the terms of their agreement to avoid misunderstandings regarding payment.
payroll taxes
Withholding means that employer is taking funds out of the check for taxes.
This would be the employer choice to do this yes.
By using the term withhold, I suspect your intending to ask what Cos withhold employees income tax from pay. It doesn't have to be a company, officially, in any way. Any pay to an employee (rather than to someone who works as an independent contractor - which in itself requires certain things be maintained - MUST have withholding (and the matching FICA contrbutions, etc) by the employer. So, for example, if you employ a nanny, or an elderly person a caretaker on your own, as many do, you must provide payroll withholding and reporting.
Social Security and medicare insurance amount of 7.65% will be withheld from your gross pay plus the other amount the employer payroll department will be required to withhold from your gross pay before they issue you your NET take home paycheck for the pay period. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.
No, as an employer, I am required by law to withhold federal taxes from your paycheck.
Your employer may not have withheld FICA taxes from your paycheck if you are classified as an independent contractor rather than an employee. Independent contractors are responsible for paying their own FICA taxes, while employees have these taxes withheld by their employer. It's important to clarify your employment status with your employer to ensure proper tax obligations are being met.
First an independent contractor is a self employed taxpayer and would NOT be your employee and you are NOT the independent contractors employer.
payroll taxes
When an employer does not withhold taxes from an employee's paycheck, it means that the employee is responsible for paying their own taxes directly to the government.
No
The fewer allowances an employee declares, the more money the federal government will withhold from a paycheck.
no, its not correct .......but if uniform is a code then its not correct
Yes, it is illegal for an employer to withhold an employee's paycheck without a valid reason, such as unpaid taxes or court-ordered deductions. Employers are required by law to pay employees for the work they have done.
This question can not be answered. You will have to give me more information.
Yes, work-study programs typically withhold taxes from your paycheck just like any other job.
Yes, an employer can legally withhold money from an employee's paycheck for reasons such as taxes, benefits, or court-ordered deductions. However, there are specific laws and regulations that govern how and when these deductions can be made. It is important for employers to follow these laws to avoid legal consequences.