Godlike Productions - Discussion Forum
Users Online Now: 2,431 (Who's On?)Visitors Today: 1,104,221
Pageviews Today: 1,793,748Threads Today: 542Posts Today: 10,022
04:23 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year

 
Anonymous Coward
User ID: 79316930
Thailand
08/28/2020 07:19 PM
Report Abusive Post
Report Copyright Violation
ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
The Internal Revenue Service said companies will be responsible for collecting and paying back any deferred payroll taxes under a directive by President Donald Trump aimed at helping workers while the administration and Democrats are stalemated on a stimulus deal.

The agency issued guidance Friday that implements Trump’s order to delay the due date for payroll taxes for millions of workers from Sept. 1 through year-end. Come next year, the taxes will need to be paid by April 30, unless Congress votes to forgive the liabilities, the release showed.
If lawmakers don’t step up, the guidance says employers must withhold the taxes from employees from Jan. 1 through April 30, meaning that workers will have double the deduction taken from their paychecks next year to pay back the deferred portion.

Employers “may make arrangements to otherwise collect the total applicable taxes from the employee,” if necessary, the release said.

The guidance puts the responsibility on employers for ultimately paying back the levies, and that could cause many to decline putting the extra money in workers’ paychecks — blunting any potential economic or political boost Trump had hoped to reap.

[link to www.accountingtoday.com (secure)]
Anonymous Coward
User ID: 79317061
United States
08/28/2020 07:23 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
How convenient that this was all set up so that we would not realize we had been suckered until after the election.
Anonymous Coward
User ID: 72501539
United States
08/28/2020 07:24 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Yeah, the company my husband works for isn't passing on the tax procrastination to the employees, thank goodness, simply saving it to pay it back once this weird payroll tax faux-holiday is over.

Scary to think of what going to happen with those who were given it when the bill comes due. That will be a whole new round of protests and riots that have nothing to do with race.
Anonymous Coward
User ID: 79317061
United States
08/28/2020 07:27 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Yeah, the company my husband works for isn't passing on the tax procrastination to the employees, thank goodness, simply saving it to pay it back once this weird payroll tax faux-holiday is over.

Scary to think of what going to happen with those who were given it when the bill comes due. That will be a whole new round of protests and riots that have nothing to do with race.
 Quoting: Anonymous Coward 72501539


I know. I am sure that 80% of Americans thinks this is some sort of gift from Trump.

It's actually cruel. Many people will be spending that extra money and simply won't be able to make ends meet when they have to pay it back in January. I hope this message gets around so that people can be prepared and save that money so they have it to pay back in January. IRS doesn't fuck around when you owe them money.
Anonymous Coward
User ID: 79317061
United States
08/28/2020 07:28 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Actually, maybe this thread should be pinned as a public service so that people are prepared.
Anonymous Coward
User ID: 77194143
United States
08/28/2020 07:46 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Boy are people going to be pissed early next year when they find out that Trump buttfucked them with this shell game scam to get votes.
Keilani

User ID: 77232079
United States
08/28/2020 08:41 PM

Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
No, your retarded thread won't be pinned as you seem to want to blame this on Trump, when it's a clear concerted efforts by Democrats to not do the deferment. It's the democrats who could care less about the people, that's for sure.
Uncle Gintel

User ID: 77733820
United States
08/28/2020 08:47 PM

Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
People making under $200K only pay 2% of the taxes.


My point is that they should just let us keep our money. It's better for the economy than 2%. I can name a lot of places to clean up a lot more than 2% from the federal budget.

Last Edited by Uncle Gintel on 08/28/2020 08:47 PM
Anonymous Coward
User ID: 46432626
United States
08/28/2020 08:48 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
The Internal Revenue Service said companies will be responsible for collecting and paying back any deferred
The guidance puts the responsibility on employers for ultimately paying back the levies, and that could cause many to decline putting the extra money in workers’ paychecks — blunting any potential economic or political boost Trump had hoped to reap.

[link to www.accountingtoday.com (secure)]
 Quoting: Anonymous Coward 79316930



IRS can choke on my horse wang. Lawful money.
Anonymous Coward
User ID: 4076414
United States
08/28/2020 08:50 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
tax revolt and abolishment of the criminal irs is necessary if the the republic is to be revived. taxes are theft.
Anonymous Coward
User ID: 78107266
United States
08/28/2020 08:52 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Vote for Biden and he will quadruple these taxes to pay for all the Jobs lost in China.
Anonymous Coward
User ID: 69652430
United States
08/28/2020 08:57 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Boy are people going to be pissed early next year when they find out that Trump buttfucked them with this shell game scam to get votes.
 Quoting: Anonymous Coward 77194143


this is why you need to spread the word.

it's bad enough Trump has ruined everyones life, because there is not one area of life that hasn't been ruined by Trump's new normal

now, to add insult to injury, he's going to take more money out of your paycheck.

60 million people without a job and Trump doesn't have a plan to get them jobs
Anonymous Coward
User ID: 79302397
United States
08/28/2020 08:58 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
They will never ever get another dime from me! You cant take fruit from my labor and use it for evil against me! Were finished!skull_fing
Anonymous Coward
User ID: 79302397
United States
08/28/2020 09:02 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Boy are people going to be pissed early next year when they find out that Trump buttfucked them with this shell game scam to get votes.
 Quoting: Anonymous Coward 77194143


It will be glorious! Ya see much like obama calling for continued violence towards citizens the IRS targeted citizens as well. Both will be a thing of the past.

So people like you who are clueless to the Truth, will have the butt hurt flowing like a river through all of your stretched out orifices!skull_fing
Anonymous Coward
User ID: 79133607
United States
08/28/2020 09:03 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Yeah, the company my husband works for isn't passing on the tax procrastination to the employees, thank goodness, simply saving it to pay it back once this weird payroll tax faux-holiday is over.

Scary to think of what going to happen with those who were given it when the bill comes due. That will be a whole new round of protests and riots that have nothing to do with race.
 Quoting: Anonymous Coward 72501539


You see ... that's the plan

The companies can delay paying the IRS

In the meantime, they can take that money and invest and reap profit.

But you don't get a dime.

Trump only cares about his billionaire cronies.

But the blind joyfully are led by the blind...
Anonymous Coward
User ID: 78105783
United States
08/28/2020 09:04 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
It's a good thing the economy will be back in full 100% employment by then!
Dietwater
User ID: 79169703
United States
08/28/2020 09:04 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
It is set to become permanent after reelection. Trump is simply attempting to hold the government accountable for what it spends; taking away the piggy bank that WE fill up is the first step.boom33
Anonymous Coward
User ID: 79160270
United States
08/28/2020 09:04 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
No, your retarded thread won't be pinned as you seem to want to blame this on Trump, when it's a clear concerted efforts by Democrats to not do the deferment. It's the democrats who could care less about the people, that's for sure.
 Quoting: Keilani


Buzzcheeze

User ID: 79243088
United States
08/28/2020 09:06 PM

Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
The IRS will be
eliminated after the 1st of the year.
As long as the election is not STOLEN FROM US.
"TRUMP WON"
"I love deadlines. I like the whooshing sound they make as they fly by"
'My ego is smaller than yours
Why is abbreviation such a long word
“When seconds MATTER, cops are only minutes away
"Cut out a man's tongue and you dont prove him a liar. It just proves you fear what he has to say"
Anonymous Coward
User ID: 79160270
United States
08/28/2020 09:07 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
No, your retarded thread won't be pinned as you seem to want to blame this on Trump, when it's a clear concerted efforts by Democrats to not do the deferment. It's the democrats who could care less about the people, that's for sure.
 Quoting: Keilani



 Quoting: Anonymous Coward 79160270


^Also this why they don't want Biden debating Trump.
Anonymous Coward
User ID: 76642199
France
08/28/2020 09:08 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
It's a good thing the economy will be back in full 100% employment by then!
 Quoting: Anonymous Coward 78105783


1rof1
glp-smilies

User ID: 77873585
United States
08/28/2020 09:12 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Trump DOES NOT want the public to pay these taxes, but he can't unilaterally just say people don't have to pay taxes.

So the HOPE, is that CONGRESS will get off their ass and officially make it so that the public is not liable for this.

If we end up having to repay this tax break, it will be congress fault, not the President.

In fact I'm pretty confident it will be 100% the Democrats voting against such a tax break. But if they loose the Senate this November then they can kiss any chance goodbye of blaming this on their favorite president, Donald J Trump.

Last Edited by glp-smilies on 08/28/2020 09:12 PM
Loup Garou

User ID: 31702506
United States
08/28/2020 09:15 PM

Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
NESRA and GESRA
Just because YOU don’t believe
in the Rougarou; or the Loup Garou, don’t make you safe; No !

The Constitution is a blend of 'moral certitude' -- which is one of the reasons that criminals are determined to be rid of it and We the People must be even more determined to defend it.

"If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine

The only thing the Illuminati fears is an independent person who can live, eat, sleep, stay warm and defend themselves separate from Federal help. Pray that the Lord gives us more time! The End is near and time is short!

A fool takes no pleasure in understanding, but only in expressing his opinion. ~Proverbs 18:2


For those who understand, no explanation is needed. For those who do not understand, no explanation is possible

"A candle loses nothing by lighting another candle" - James Keller

Checkd, Keked, and Rekt!

#Kids2
Anonymous Coward
User ID: 3941884
United States
08/28/2020 09:21 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Congress will forgive it just like they are forgiving the ppp loans but it’s a stupid deal to do it without congress where people don’t know if it’s being repaid and businesses not sure if they should even abide by it since they may be on the hook if the employee leaves
Anonymous Coward
User ID: 29455154
United States
08/28/2020 09:21 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Yeah, the company my husband works for isn't passing on the tax procrastination to the employees, thank goodness, simply saving it to pay it back once this weird payroll tax faux-holiday is over.

Scary to think of what going to happen with those who were given it when the bill comes due. That will be a whole new round of protests and riots that have nothing to do with race.
 Quoting: Anonymous Coward 72501539


Don't forget many people are also behind in Mortgage, Rent, Car Payments which will all be seeking double payments to make up.
Anonymous Coward
User ID: 78952434
08/28/2020 09:21 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Not a single soul on the planet has a clue what will happen 6 months from now..hell, even 2 months from now.

We are in uncharted territory.

Hopefully, we come together against the TRUE evil ..

...and I think most of us know who/what that is, yes?
Anonymous Coward
User ID: 79159279
United Kingdom
08/28/2020 09:23 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
How convenient that this was all set up so that we would not realize we had been suckered until after the election.
 Quoting: Anonymous Coward 79317061


Selfish asshole. Deceptive smoke and mirrors scam all for a few votes, while people are going to get hung out to dry when they find out they have to pay it back - after the election of course.
Anonymous Coward
User ID: 79159279
United Kingdom
08/28/2020 09:24 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
Congress will forgive it just like they are forgiving the ppp loans but it’s a stupid deal to do it without congress where people don’t know if it’s being repaid and businesses not sure if they should even abide by it since they may be on the hook if the employee leaves
 Quoting: Anonymous Coward 3941884


We don't know that and that would be a huge hit to the solvency of Social Security and Medicare. No Congressman is going to vote for anything that does that.

Better put some money away for when the bill comes due.
Anonymous Coward
User ID: 79302397
United States
08/28/2020 09:24 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
NESRA and GESRA
 Quoting: Loup Garou


verify-vrf
Anoncow

User ID: 60763575
United States
08/28/2020 09:24 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
I’d rather just continue to have it taken out now. It’s easier to budget with consistency. I hope my company will disregard this. If it would not have to be made back up next year I’d be all for it.
Anonymous Coward
User ID: 59894050
United States
08/28/2020 09:25 PM
Report Abusive Post
Report Copyright Violation
Re: ALERT: IRS Says Companies Are Responsible for Trump's Deferred Payroll Taxes - must collect twice as much from our paychecks early next year
“We are all getting suckered by Trump, everyone!!! But Pedo Joe. Now there’s a straight shooter who calls a spade a spade. And then sniffs it.”

pffft-spitsmoke





GLP