Paying employees under the table is explicitly illegal. The decision to hire waged employees vs getting your labor through independent contractors has complex rules which allow for a lot of legal gray areas and loopholes.
People do it in software and it works and it's common but often it is illegal. For a little while I worked for one place as a contractor where they actually cared and followed the rules, and they wouldn't let me so much as use a stapler in their office. I don't know the stapler rules exactly, but pretty clearly lots of independent contractors should legally be classified as employees.
All the scumbag casino companies have been stealing tips for years. Didn't change anyone's behavior. I suspect the same will happen here; owners will just make telling customers about it a fireable offense.
Isn't that the scumbag who sued John Oliver for stating facts about him? I would say karma, but I'd say there's a good chance he's lying to try to secure some more goodies for his company.
The senate bill closed all the loopholes and deductions so he might actually be serious since he can't cheat anymore.
Yeah, my first thought was that the guy was just lying in his whining for more tax cuts, but the fact that the AMT was added back to the bill at 20 percent to equal to the top corporate rate looks to be a hilarious oversight that this bill does do what he said it does and that guarantees that this bill will go to conference rather than being passed in place by the House.
That explains confusing reality with law. Although that's taking things further than usual. Usually lawyers confuse right and wrong with legal and illegal rather than real vs imaginary. Did you minor in philosophy?
(I hate emoticons, but want to indicate I'm semi-teasing and don't want you to hate me. hmm.... )
So they ****ed this up in the Senate, not enough giveaways to corporations (seriously). Corporate lobby types pressing for conference to stuff additional trash in!
I don't know if these are resolved but the last I see the Senate version leaves the personal tax credit alone, but the house cuts it entirely in 2021 and also kills the electric vehicle credit.
People may not be bright enough to realize that a tiny or non-existent tax cut doesn't make up for what will be large cutbacks in services. The smart guy centrists might all go for it as well the way they called Bernie's single payer plan the most insane tax hike in history even though it would save most people money.
You're still an employee in that situation and you wouldn't qualify. Your income form your employer relates to the trade or business of being an employee and is not from a "qualified trade or business."
I work 3 jobs, 2 as an independent contractor. If I make $90k at these jobs next year would this mean I'd pay 23% on that money?
People do it in software and it works and it's common but often it is illegal. For a little while I worked for one place as a contractor where they actually cared and followed the rules, and they wouldn't let me so much as use a stapler in their office. I don't know the stapler rules exactly, but pretty clearly lots of independent contractors should legally be classified as employees.
I worked as an independent contractor for a small law firm. I would go to my office every day at the firm and do my work. Not sure where the line is, but pretty sure we well were over it. This has to be a "top 5" among employer tax cheats. Had a good hourly, so I was fine with the arrangement.
Last edited by simplicitus; 12-05-2017 at 11:14 AM.