Is it lawful in the U.S. to pay an employee with anything but money? | |
| Anonymous Coward (OP) User ID: 13270841 11/28/2012 07:28 PM Report Abusive Post Report Copyright Violation | |
| Hawgzilla User ID: 1138565 11/28/2012 07:28 PM ![]() Report Abusive Post Report Copyright Violation | |
| yankeemofo User ID: 18296310 11/28/2012 07:28 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 13270841 11/28/2012 07:30 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 22089462 11/28/2012 07:31 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Here in the Netherlands it is allowed. Although you still would have to pay income tax at market value of the rent over it. |
| Anonymous Coward (OP) User ID: 13270841 11/28/2012 07:32 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1339701 11/28/2012 07:32 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 28447870 11/28/2012 07:32 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 26369344 11/28/2012 07:34 PM Report Abusive Post Report Copyright Violation | |
| Burt Gummer User ID: 7702124 11/28/2012 07:34 PM ![]() Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Let the graymarket ways to avoid excessive taxation begin. Predictable outcome of trying to OVERTAX America. Some companies do pay people partially under the table....thereby making sure more goes into family pockets and not government hands. ....a 25.00 and hour job then becomes a 15.50 and hour job.....or less. |
| Anonymous Coward (OP) User ID: 13270841 11/28/2012 07:37 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Here in the Netherlands it is allowed. Although you still would have to pay income tax at market value of the rent over it. Well here in the u.s. i have been working for an apartment complex for 10 months, i am a common law employee of the complex but i have only been paid in rent toward my apartment, and im beginning to question the legality of this, and if im wondering if i go to the department of labor, that they may have to pay money ( with taxes with held) for all the hours that i have worked. |
| Anonymous Coward User ID: 26369344 11/28/2012 07:38 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Here in the Netherlands it is allowed. Although you still would have to pay income tax at market value of the rent over it. Well here in the u.s. i have been working for an apartment complex for 10 months, i am a common law employee of the complex but i have only been paid in rent toward my apartment, and im beginning to question the legality of this, and if im wondering if i go to the department of labor, that they may have to pay money ( with taxes with held) for all the hours that i have worked. [link to www.irs.gov] |
| Anonymous Coward User ID: 28668662 11/28/2012 07:38 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 24643310 11/28/2012 07:38 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Let the graymarket ways to avoid excessive taxation begin. Predictable outcome of trying to OVERTAX America. Some companies do pay people partially under the table....thereby making sure more goes into family pockets and not government hands. ....a 25.00 and hour job then becomes a 15.50 and hour job.....or less. In reality it's usually the employer that benefits from such "schemes". Of course this may not be the case in "the land of the free" where the overall income of the employer will NOT pay for it's insurance and other social benefits that he is entitled to. Leaving them under-insured and exposed to all sorts of risks. Sure it's always nice to have a little extra cash short term.. problem is long term requires usually a SHITLOAD more cash. |
| Anonymous Coward User ID: 27512593 11/28/2012 07:38 PM Report Abusive Post Report Copyright Violation | If they want to mess with you they'll mess with you. Even if you pay them with "Money" [link to www.rapidtrends.com] Kahre hadn’t committed a crime. He had upset the Internal Revenue Service by paying his workers based on the face value of gold and silver coins, versus the market value in the Federal Reserve system (the value of the coins in U.S. paper dollars). Even though the coins were in circulation, displayed a face value, and were regulated by Congress, the IRS’s confusing and endless tax code did not determine how to handle these gold and silver coins if used for payroll. The tax code only references dollars. It does not distinguish between coined money and paper money. |
| Anonymous Coward (OP) User ID: 13270841 11/28/2012 07:40 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Let the graymarket ways to avoid excessive taxation begin. Predictable outcome of trying to OVERTAX America. Some companies do pay people partially under the table....thereby making sure more goes into family pockets and not government hands. ....a 25.00 and hour job then becomes a 15.50 and hour job.....or less. Yes but im talking about paying me completely under the table, for some reason i just do not think that its legal and i should be payed out for my hours worked. |
| Anonymous Coward User ID: 26369344 11/28/2012 07:40 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Here in the Netherlands it is allowed. Although you still would have to pay income tax at market value of the rent over it. Well here in the u.s. i have been working for an apartment complex for 10 months, i am a common law employee of the complex but i have only been paid in rent toward my apartment, and im beginning to question the legality of this, and if im wondering if i go to the department of labor, that they may have to pay money ( with taxes with held) for all the hours that i have worked. The department of labor doesn't have anything to do with taxes. |
| Anonymous Coward User ID: 26369344 11/28/2012 07:41 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Let the graymarket ways to avoid excessive taxation begin. Predictable outcome of trying to OVERTAX America. Some companies do pay people partially under the table....thereby making sure more goes into family pockets and not government hands. ....a 25.00 and hour job then becomes a 15.50 and hour job.....or less. Yes but im talking about paying me completely under the table, for some reason i just do not think that its legal and i should be payed out for my hours worked. NO YOU ARE NOT. You are talking about bartering!!!!!!! |
| Carshy McCarsh User ID: 1482307 11/28/2012 07:43 PM Report Abusive Post Report Copyright Violation | Could you pay a person 5 bread loafs per hour? or would that be illegal in the U.S.? Quoting: Anonymous Coward 13270841 The IRS considers FRNs, barter, and precious metals to be equivalent for the purposes of income taxation. Basically, they are cunts, and will steal from you no matter what you do. And now, thanks to the 51% of libtarded America, they are in charge of your fucking HEALTHCARE TOO. Tell me what this tastes like... |
| Anonymous Coward User ID: 24643310 11/28/2012 07:44 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Here in the Netherlands it is allowed. Although you still would have to pay income tax at market value of the rent over it. Well here in the u.s. i have been working for an apartment complex for 10 months, i am a common law employee of the complex but i have only been paid in rent toward my apartment, and im beginning to question the legality of this, and if im wondering if i go to the department of labor, that they may have to pay money ( with taxes with held) for all the hours that i have worked. Depending on the "logical" local laws one would expect the following. The property can be valued based on local market price and your hours can be valued equally. If the hours worked exceed the returned reward you are entitled to a financial compensation. In case you do not get satisfaction by pursuing local law I strongly advice you to take what's yours without jeopardizing any person. Laws are only as rightful as you value them and if your heart is pure than no law applies. One can make their own laws only honor is the standard. |
| Anonymous Coward User ID: 26369344 11/28/2012 07:44 PM Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Let the graymarket ways to avoid excessive taxation begin. Predictable outcome of trying to OVERTAX America. Some companies do pay people partially under the table....thereby making sure more goes into family pockets and not government hands. ....a 25.00 and hour job then becomes a 15.50 and hour job.....or less. Yes but im talking about paying me completely under the table, for some reason i just do not think that its legal and i should be payed out for my hours worked. NO YOU ARE NOT. You are talking about bartering!!!!!!! I saw your thread earlier today but could not reply because I was at work. I have answered your question in my previous replies above. Going to the department of labor will not cause you to have to pay anything. The only deal with labor issues. |
| Anonymous Coward User ID: 13559462 11/28/2012 07:44 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 26369344 11/28/2012 07:44 PM Report Abusive Post Report Copyright Violation | Could you pay a person 5 bread loafs per hour? or would that be illegal in the U.S.? Quoting: Anonymous Coward 13270841 The IRS considers FRNs, barter, and precious metals to be equivalent for the purposes of income taxation. Basically, they are cunts, and will steal from you no matter what you do. And now, thanks to the 51% of libtarded America, they are in charge of your fucking HEALTHCARE TOO. Correct. |
| Anonymous Coward (OP) User ID: 13270841 11/28/2012 07:46 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 24643310 11/28/2012 07:47 PM Report Abusive Post Report Copyright Violation | Could you pay a person 5 bread loafs per hour? or would that be illegal in the U.S.? Quoting: Anonymous Coward 13270841 The IRS considers FRNs, barter, and precious metals to be equivalent for the purposes of income taxation. Basically, they are cunts, and will steal from you no matter what you do. And now, thanks to the 51% of libtarded America, they are in charge of your fucking HEALTHCARE TOO. Surely you wish to see a 5 year old child die because of her parents not willing to pay for insurance out of religious reasons? Possibly your family consists of brain surgeons and cancer specialists and my comments are ridiculed. Fat chance... |
| Burt Gummer User ID: 7702124 11/28/2012 07:48 PM ![]() Report Abusive Post Report Copyright Violation | Like for instance could a business pay an employee for hours worked by giving them a certain amount per hour toward there rent on their home. But not pay them any currency or cash? Quoting: Anonymous Coward 13270841 Let the graymarket ways to avoid excessive taxation begin. Predictable outcome of trying to OVERTAX America. Some companies do pay people partially under the table....thereby making sure more goes into family pockets and not government hands. ....a 25.00 and hour job then becomes a 15.50 and hour job.....or less. Yes but im talking about paying me completely under the table, for some reason i just do not think that its legal and i should be payed out for my hours worked. The company would still be paying in $$$ to the renters of the housing. It's not really bartering then. Last Edited by Useless Cookie Eater on 11/28/2012 07:49 PM |
| Anonymous Coward User ID: 22089462 11/28/2012 07:51 PM Report Abusive Post Report Copyright Violation | But are large companys allowed to barter in exchange for services? because it seem that law applys to individuals. I on the other hand have been working somwhere for nearly a year i am an employee of this company, can they pay me in this method? If the value (in dollars) received is above minimum wage, the taxes paid correctly over it and it was agreed between both parties when the contract started then I would not see why it would not be allowed. |
| Anonymous Coward (OP) User ID: 13270841 11/28/2012 07:55 PM Report Abusive Post Report Copyright Violation | But are large companys allowed to barter in exchange for services? because it seem that law applys to individuals. I on the other hand have been working somwhere for nearly a year i am an employee of this company, can they pay me in this method? If the value (in dollars) received is above minimum wage, the taxes paid correctly over it and it was agreed between both parties when the contract started then I would not see why it would not be allowed. Ok but there are no taxes paid in this situation and there was no contract....i think i deserve to have my wages taxed so that i can pay my taxes.I dont think its legal for a company to pay in rent and not in actual legit paycheck. I feel somewhat like iv been taken advantage of in a bad economy.Although i did get an apartment out of the deal...that's all i got. |
| Carshy McCarsh User ID: 1482307 11/28/2012 07:56 PM Report Abusive Post Report Copyright Violation | Could you pay a person 5 bread loafs per hour? or would that be illegal in the U.S.? Quoting: Anonymous Coward 13270841 The IRS considers FRNs, barter, and precious metals to be equivalent for the purposes of income taxation. Basically, they are cunts, and will steal from you no matter what you do. And now, thanks to the 51% of libtarded America, they are in charge of your fucking HEALTHCARE TOO. Surely you wish to see a 5 year old child die because of her parents not willing to pay for insurance out of religious reasons? Complete gibberish. American hospitals have always supplied free health care if the patient was unable to pay. Always. Stop lying, lying statist fag. Tell me what this tastes like... |
| Anonymous Coward User ID: 24643310 11/28/2012 08:02 PM Report Abusive Post Report Copyright Violation | Could you pay a person 5 bread loafs per hour? or would that be illegal in the U.S.? Quoting: Anonymous Coward 13270841 The IRS considers FRNs, barter, and precious metals to be equivalent for the purposes of income taxation. Basically, they are cunts, and will steal from you no matter what you do. And now, thanks to the 51% of libtarded America, they are in charge of your fucking HEALTHCARE TOO. Surely you wish to see a 5 year old child die because of her parents not willing to pay for insurance out of religious reasons? Complete gibberish. American hospitals have always supplied free health care if the patient was unable to pay. Always. Stop lying, lying statist fag. Right.... [link to www.google.com] You might want to reconsider your personal insult after reading my links... About 91,700,000 results (0.33 seconds) Surely if only 0.000001% is true you sir owe me an apology. |