It’s Good to Be a Billionaire, Even at Tax Time
It’s Good to Be a Billionaire, Even at Tax Time
And so the choice is:
Corporations pay ZERO.
Private road users, aka "the little guys", are footing the whole bill in the most aggressively #regressivetaxation possible.
"… #payrolltax increase would cost a worker who earns…$68,283 about $68 per year, and drivers of passenger cars would pay $84 more… #vehicleregistrationfees… #gastax…depending on how many miles people drive and how fuel-efficient their cars are."
Crap work Tina.
General Ledger Controller (JB5602)
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R38 000 to R40 000 a month CTC
#GeneralLedger #IFRS #Tax #Accpac #Audit #FinancialReportingx #PayrollTax #Accpac #FRS #VRM #Excel #Audit #MultiJurisdiction
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Lines 12-14 take your total taxes and subtract any payments you've already made to come up with your total balance due.
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If you have a total balance due (i.e., line 14 contains a positive number), use this voucher to pay any taxes you owe to the IRS.
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Justices block Trump administration from deporting Venezuelan migrants; judge frustrated by DoJ’s failure to detail efforts to return wrongly deported man. This blog is now closed.
Dudek first made his threat to close down the #SocialSecurity Administration during a Bloomberg News interview Thurs night.
Such a dramatic move would be unprecedented in the agency’s history & would immediately begin halting benefit payments for millions of Americans.
#law #Trump #Musk #DOGE #YourMoney #PayrollTax #InfoSec #privacy #benefits #senoirs #survivors #disability #FICA
https://www.bloomberg.com/news/articles/2025-03-20/social-security-says-doge-ruling-could-force-agency-to-shut-down
The Trump administration is threatening to all but shut down the Social Security Administration in response to a judge’s ruling blocking activities by Elon Musk’s Department of Government Efficiency — an action that could delay payments to millions of beneficiaries caught in the middle of the legal battle.
Comments Off on Payroll Tax 101: A Comprehensive Guide to Understanding Taxes for Employers
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This explains how not taxing tips actually hurts the employees.
Are you guys still going to be throwing 30% tips at everyone everywhere when you know they don’t have to pay taxes on that? And that means their employer doesn’t have to pay their portion of the payroll taxes for that money either?
I already don’t tip (I don’t believe in paying employers payroll for them, ESPECIALLY after they got all that free PPP $) so I won’t be changing anything because of this, but are people still going to be tipping 30% of their bill with their tax dollars when those dollars won’t be taxed??
When President Trump proposed exempting tipped income from taxation during his 2024 presidential campaign, many viewed it as a politically expedient gimmick to win support among tipped service workers. Unfortunately, then-Vice President Harris soon followed suit, and since the election, a federal “no tax on tips” bill has been reintroduced and lawmakers in at least…