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In addition to the wage they pay you most employers will offer non-taxable fringe benefits in addition to taxable French benefits the non taxable fringe benefits are something that you're more likely to see in workplace these non-taxable fringe benefits include things like qualified employee discounts where maybe your employer has a relationship with Verizon or t-mobile and you can get 15% off each month on your cellphone bill these qualified employee discounts must be offered on substantially the same basis to each class of employees with no discrimination in favor of officers owners or those highly compensated employees that you might work with an on-premise gym as long as this is operated by the employer or the owner the employer owens or at least of the facility and the use of the facility is substantially by employees and their dependents and it's non-taxable if instead there was an off premise gym a public gym Gold's Gym something like that that anybody can have a membership to if the employer pays your membership to that off-premise gym that would be a taxable benefit on-premise non-taxable no additional cost services are things like the empty seat on an airplane that a stewardess gets to ride when there's no nobody buying that seat so it doesn't cost any more for the employer the plane is already flying don't why the stewardess can just jump on and enjoy the trip it's a no additional cost service based on that industry it would be different with any employer meals and lodging furniture for the employers convenience would be the employer sending you to a conference or out wining and dining a client these are for the further pursuits of the business not to the individual so it's a non-taxable fringe benefit working condition and fringe benefits such as a company car would be as long as it's used for business purposes non-taxable professional dues could be in an attorney's bar dues CFP any sort of professional certification that you might have that is connected with the business the employer can pay for that and it's non-taxable to you same thing for subscriptions maybe to medical journals business journals something related to whatever it is that the business is doing and with your job in that company might be a de minimis fringe benefit is something that is just so minor that it would cost more to to track that so if you want to print out proof of insurance to carry in your car if you receive occasional tickets to whatever professional sporting team might be in your town the employer could actually buy a season pass do that and then hand out tickets or the box seats or whatever to a high-performing employee to reward them for service as long as it's not knowing all to one person it's okay the Opera the plays and any sports team whatever type ticket to you might have entertainment in town public transportation allowances and.

FAQ

How are taxes deducted from my paycheck in Florida?
Florida has no state income tax, which makes it a popular state for retirees and tax-averse workers. If you’re moving to Florida from a state that levies an income tax you’ll get a pleasant surprise when you see your first paycheck. No Florida cities charge a local income tax.
Do I still need to fill out an IT return if there is tax getting deducted from my salary?
Yes. You need to, because as per income tax act every person should fill the income tax return every year. If your employer deducted the tax form your sallery you need to file it returns for disclosure of any income from other sources or you may receive some gifts in any financial year or you may get movable/immovable property from any source.I hope it may help.
What can be done to avoid the deduction of TDS from your salary? How do you fill out the returns?
An employer deducts TDS on salary at average rate according to applicable tax slab.An employer will have to deduct TDS, if you have a liability towards income taxes. (This is calculated on the basis of your income & after considering any deductions & exemptions that you are eligible for). So just to ensure that TDS don't get deducted in excess, you should declare all your tax saving investment to your employer.To conclude: If after considering all the eligible deduction & exemption, if you still have a liability towards, you cannot avoid TDS by employer.TDS is just a collection of taxes by your employer on your behalf, even if the employer does not do so, you will still have to pay your due income tax at the time of filing ITR. If TDS is over deducted, you can always claim a refund.Trust this clarifies your queryHappy reading!
How does one get invited to the Quora Partner Program? What criteria do they use, or is it completely random?
I live in Germany. I got an invite to the Quora partner program the day I landed in USA for a business trip. So from what I understand, irrespective of the number of views on your answers, there is some additional eligibility criteria for you to even get an email invite.If you read the terms of service, point 1 states:Eligibility. You must be located in the United States to participate in this Program. If you are a Quora employee, you are eligible to participate and earn up to a maximum of $200 USD a month. You also agree to be bound by the Platform Terms (https://www.quora.com/about/tos) as a condition of participation.Again, if you check the FAQ section:How can other people I know .participate?The program is invite-only at this time, but we intend to open it up to more people as time goes on.So my guess is that Quora is currently targeting people based out of USA, who are active on Quora, may or may not be answering questions frequently ( I have not answered questions frequently in the past year or so) and have a certain number of consistent answer views.Edit 1: Thanks to @Anita Scotch, I got to know that the Quora partner program is now available for other countries too. Copying Anuta’s comment here:If you reside in one of the Countries, The Quora Partner Program is active in, you are eligible to participate in the program.” ( I read more will be added, at some point, but here are the countries, currently eligible at this writing,) U.S., Japan, Germany, Spain, France, United Kingdom, Italy and Australia.11/14/2018Edit 2 : Here is the latest list of countries with 3 new additions eligible for the Quora Partner program:U.S., Japan, Germany, Spain, France, United Kingdom, Italy, Canada, Australia, Indonesia, India and Brazil.Thanks to Monoswita Rez for informing me about this update.
My company forgot to take out my fica and Medicare from my paycheck. They amended the W-2 on their own end and paid their portion of the taxes. How do I pay mine during filling?
I doubt that they “forgot.” Plus, there’s no reason for them to amend your W-2 unless they subsequently paid your employee FICA, but that’s more complicated than it may seem.If an employer fails to withhold the employee-FICA tax, the employer remains liable to pay the tax that it should have withheld. But you’re liable for it as well. It’s far easier for the IRS to collect it from the employer • the penalty is 100% of the tax amount, so the IRS will usually take that and apply it as the tax itself, if the employer doesn’t correct it himself first. In that case, you no longer owe the tax, but you owe the employer the amount of the tax (without interest or additional penalty), because he paid your tax on your behalf.Here’s where it gets complicated. Whether and how the employer gets the money back from you is a matter to be settled between the two of you • the IRS has nothing to do with it and, frankly, couldn’t care less. And assuming that we’re not in the same calendar year (which we can’t be), the employer just withholding that amount from your pay may very well violate state laws (depending on your state, obviously, but most would require your consent). In the meantime, the employer’s payment of the employee-FICA that it paid was additional wages to you, and the withholding (income tax and FICA) on that has to be taken from your other paychecks (or else the problem would occur all over again).There is a way in which the employer can get away with very substantially reduced penalties, but that applies only in cases of unintentional misclassification (as an independent contractor), and that’s not what happened to you. First, you were given a W-2, which indicates that you were treated as an employee. Second, you dont say anything about “forgetting” to withhold income tax • and that in and of itself disqualifies the employer from taking advantage of these reduced penalties. (If they withheld income tax, they obviously were not mistakenly treating you as a contractor.)
How is it legal to deduct teachers' union fees from paycheck whether one agrees to join the union or not?
Well the law simply is something people decided upon so it can be like this, or it can not be.You might be wondering though why it makes sense that you have to pay.The reason is that the primary job of the union is to negotiate salary (and other benefits). By working a job whose salary was determined by union negotiation you are benefiting from that union whether you’re in the union or not. It hardly makes sense for you to get that same negotiation higher salary without chipping in your share for those who do the negotiation. To do that would be giving you extra benefits beyond the union folks for doing nothing.What’s a bit more subtle is the reason why you can’t really get yourself “off the payroll” of the union, because you might say “Fine, pay me a lower salary, I just don’t want to be in a union and I don’t want my money to go toward it. Even though the added salary gives me more money than the cost of union dues, I’d rather be worse off financially than to be in this union.”While individually that would seem to make sense, the reality is that people who think like this are never really the concern, because in general, working people want more money and better benefits.What “allowing” someone to do this would instead achieve is give management the ability to only hire people who would agree to take the job without joining the union. And while this would prsome immediate cost savings, the real reason management would want this would be to gradually weaken the union until it no longer had negotiation power, and at that point any future negotiations would erode all worker benefits, whether union members or not.You might be skeptical that things could erode that badly, but all you have to do is look at health insurance coverage in union shops compared to other employees. Prices have skyrocketed in general, but those who negotiate with a union have seen some protection from this, and also protection against subtle tricks that get used to worsen health care coverage that individual workers rarely are equipped to understand, let alone do something about.Now, you might think “Teachers aren’t any more deserving than other workers!”, and I agree…but the issue isn’t that teachers have gotten cushier and cushier benefits, it’s that our governmental policies have allowed the market to erode the benefits of workers who aren’t unionized. We teachers are getting the benefits everyone should be getting, and so the answer isn’t to hurt teachers, but to help others. And that’s going to need a new political paradigm to happen.Speaking as someone who chose the profession in part because of the union access, I don’t love unions. There are significant problems that arise and get exacerbated by unions. They are an imperfect solution to a flawed system. But when management is put under pressure to squeeze and squeeze and squeeze employees like modern American businesses are, it’s unrealistic to think that you’re not going to get screwed over as an individual worker, and thus workers need to band together to reinstate an equibetween management and labor.The way out? We as a people must recognize that we cannot depend on profit-seeking organizations to optimize for anything other than their own profit. Stop fetishizing “the market” as something that magically makes everything alright for citizens.And to be clear, I’m not anti-capitalist. I’m a Californian with a taste for start-up environments for goodness• sake. Capitalism is a wonderful tool that can help drive creativity…but that’s all it is. A tool for us to use.When we forget that, it uses us instead.
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