| Author | Message | ||
     Okatelugodu Side Hero Username: Okatelugodu Post Number: 2403 Registered: 02-2008 Posted From: 199.43.32.86 Rating: N/A |
Here is the calculation: If he was paying you 80$/hour it is rougly 160K per year - Employer portion on SS tax will be 6.2% of first 95000(might be slightly higher this year) will be 95000*6.5/100=6125 Medicare = 1.45% of 160K = 2320 So total federal payroll tax from employer portion is = 6125+2320=8445 per year Now if you make 90$/hours that is 180K per year Employer portion of social security tax is still : 6125 (since you were above social security limit even before) Medicare portion = 1.45% of 180K = 2610 Total = 6125+2610 = 8735 So total difference in actual employer payroll tax = $290 which is equivalent to 14.5 cents per hours  | ||
| Okatelugodu Side Hero Username: Okatelugodu Post Number: 2402 Registered: 02-2008 Posted From: 199.43.48.131 Rating: N/A |
It largely depends on how much you make. For Federal Tax ------------------ Payroll tax from Federal is 6.2% Social security for the first ~95k you make. Medicare tax is 1.45% of the total amount you make. So if you are making 75 dollars per hours that roughly translated to 150K an year. So employer only will be paying 6.5% of social security tax on the first ~95K. And medicare on whole amount. Whole amount meeda 7.65% dobbithe he is taking some of your money. | ||
| Mallik Junior Artist Username: Mallik Post Number: 799 Registered: 10-2008 Posted From: 69.45.100.129 Rating: N/A |
hmm.. but how can this fall into perdiem category? I thought perdiem is paid when you have two residences, one permanent and other temporary.. What u mean naanchudu? Vaadu neeku ee rate istaa antadu. manam emo.. oh.. sare ani teeskuntam.. manam beram aadamu kadaa.. endukante thella tholu.. mana tholu ochhesarki doubting mein doubting.. Nee prev post lo 100/hr kummii manaki 35 isthadu annav.. how can you be so sure? Ofcourse there are n number of incidents i heard.. Ye employer naaku client intha istundu, neeku intha istaa ani cheppadu tammi.. Nuvvu walmat ki poyyi oka sabbu kontav anko.. walmat gaadu emainaa naaku manufacturing cost inthaa ani oka label athkistadaa? Its all marketing/experience. Manam first year kukkuna penu laa panjestham.. jerantha experience raangane we are kings.. In this db, there's always someone watching you!!  | ||
| Fidelity Junior Artist Username: Fidelity Post Number: 613 Registered: 03-2008 Posted From: 192.100.104.17 Rating: N/A |
amur gallu dobbutaaru annayi. kaani amru's maree 50c, $1 daggara kakrutti padaru. monna friend okadu velladu desi vendor dwara edo job ki velladu. 47 ki vendor oppukunnadu, job confirm ayyindhi. Job loki vellina tarvatha i can't do for 47, I can do it for 46, if you are interested then continue in the job annadu. I don't think amru's will do like that. | ||
| Batthar_bindaas Side Hero Username: Batthar_bindaas Post Number: 8185 Registered: 12-2006 Posted From: 155.94.62.222 Rating: N/A |
amru galladi cheppalsina avasaram ledu.... but valladi direct dealing vuntadi.... naanchudu yaaparam vundadu | ||
| Mallik Junior Artist Username: Mallik Post Number: 798 Registered: 10-2008 Posted From: 69.45.100.129 Rating: N/A |
Bathrai: Exploitation lo amru gaallu emee takkuva kaadu. Paisal vishayam lo race/religion laantivi emee levu.. ongithe anthe sangathulu.. Employee lu emainaa suddapoosalaa? Pakkanodu ekva istaa ochheyyi ante cheppakundaa dookestaru.. nenu andulo first.. Case by case depend aithadi.. naa first employer desi gaade.. nenu aanki cheppakundaa zump zilaani ante langesham eshindu.. kodukuni IRS ki complaint cheshi thithhi theeshna.. In this db, there's always someone watching you!! | ||
| Batthar_bindaas Side Hero Username: Batthar_bindaas Post Number: 8183 Registered: 12-2006 Posted From: 155.94.62.222 Rating: N/A |
aaathram mama... ikkada amayakula daggara paisalu nokkeysi... india lo sthalalu polalu konali kada.... | ||
| Fidelity Junior Artist Username: Fidelity Post Number: 612 Registered: 03-2008 Posted From: 192.100.104.17 Rating: N/A |
exacltly. prati naa koduku edo pedda company CEO laaga cuttings dobbutha vuntaaru. tappu ledu ala vundavacchu, kaani money daggaraki vacche tappatiki prati paisa kosam lolli chestaaaru | ||
| Billg Junior Artist Username: Billg Post Number: 31 Registered: 09-2008 Posted From: 68.63.103.12 Rating: N/A |
Mallik, His employer can give corporate credit card on employee name....so that he can use that card. It all depends on your relationship with your employer | ||
| Staples Junior Artist Username: Staples Post Number: 12 Registered: 09-2008 Posted From: 65.120.80.8 Rating: N/A |
Whenever employer runs your payroll,he has to match the FICA taxes (the Social Security tax and the Medicare tax).Check your paystub to see what these amounts are,the employer has to pay the same amounts as tax. http://blog.accountingcoach.com/fica-matching/ | ||
| Batthar_bindaas Side Hero Username: Batthar_bindaas Post Number: 8182 Registered: 12-2006 Posted From: 155.94.62.222 Rating: N/A |
employer fair ga vuntey kamayinchudu kooda fair ga vuntadi..... but max employers are donganayallu.... original PO amount chepparu.... freshers ni baaga exploit cheystharu.... naaku kontha mandi telsinollaki though their employer bilsl them more than 100$/hr... they get a meager 35/ hr... time ni batti janalu kooda compromise avutharu and chala obligations vuntai enduku ley vaditho godava visa extension vundi etc ani..... max desi employers are donganayallu...ethic less pellos...paisala kosam penxta thiney rakalu.... employees ni purugulu chusi nattu chustharu...vallatho pedda interaction undadu...veellu pedda busy bee bussiness magnets and thop turumkhan la laaga cuttingulu isthu vuntaru .... naalugu ingilipeesu mukkalu neyrchukuni ikkadey putti periginattu cuttingulu .... | ||
| Mallik Junior Artist Username: Mallik Post Number: 797 Registered: 10-2008 Posted From: 69.45.100.129 Rating: N/A |
Porabaatuna audit aithe bhaareega fine estaru.. both employer and employee ki, if perdiem is paid unlawfully.. In this db, there's always someone watching you!! | ||
| Mallik Junior Artist Username: Mallik Post Number: 795 Registered: 10-2008 Posted From: 69.45.100.129 Rating: N/A |
Yes, ikkada net amount 110 kadaa.. In this db, there's always someone watching you!! | ||
| Billg Junior Artist Username: Billg Post Number: 30 Registered: 09-2008 Posted From: 68.63.103.12 Rating: N/A |
Fidelity, Employer tax is not on his profit. It is on the whole amount...... Employer tax waries from state to state......like SUTA and FUTA rates etc..... Generally it will be in 8.5% to 12% But if he is giving only $7, you can ask him to give $5 perdiem and %5 on payroll (So that you will loose only $0.50) Dont think employers are earning too much in this crazy economy | ||
| Rowdyalludu Hero Username: Rowdyalludu Post Number: 19019 Registered: 12-2006 Posted From: 69.141.154.105 Rating: N/A |
yupp... | ||
| Fidelity Junior Artist Username: Fidelity Post Number: 611 Registered: 03-2008 Posted From: 192.100.104.17 Rating: N/A |
yeah thanks annay. now its clear. so entha increase ayithe daantlo 10% e kada tax kattedhi. | ||
| Idle_yzag Side Hero Username: Idle_yzag Post Number: 5279 Registered: 02-2008 Posted From: 198.80.153.5 Rating: N/A |
yendhuku 10% of 110? 10% only on Net amount what he runs on paycheck | ||
| Krishna7 Junior Artist Username: Krishna7 Post Number: 633 Registered: 03-2008 Posted From: 68.162.90.36 Rating: N/A |
nee paychek 80$/hr ki run aite - 8$ tax(ikkada employer ki migiledy 12$) nee paychek 90$/Hr ki run aite - 9$ tax(ikkada employer ki migiledy 11$) - So aa 1$ ki badulu 3$s teesukuntunnadu. | ||
| Mallik Junior Artist Username: Mallik Post Number: 794 Registered: 10-2008 Posted From: 69.45.100.129 Rating: N/A |
No, its on 100$, 10% tax kadthadu.. Then on his revenue (ie, 20$) inko tax untadi anukuntaa.. Manam general gaa employer gaallu mastu paisal kamaayistaru ankuntam kaani.. mareeeee manam ankune range la aithe undadu.. In this db, there's always someone watching you!! | ||
| Idle_yzag Side Hero Username: Idle_yzag Post Number: 5278 Registered: 02-2008 Posted From: 198.80.153.5 Rating: N/A |
he only pay tax to the Net amount he runs on pay check neeku 100/hr aa? eeroju nunchi nuvvu na best friend  | ||
| Fidelity Junior Artist Username: Fidelity Post Number: 610 Registered: 03-2008 Posted From: 192.100.104.17 Rating: N/A |
ela padutundhi?? Can you please explain? Employer pay roll tax pay chesedhi atani margin ayina $20 meeda kaada?? | ||
| Mallik Junior Artist Username: Mallik Post Number: 793 Registered: 10-2008 Posted From: 69.45.100.129 Rating: N/A |
After 10$ hike, mee employer ki 110$ ostundi (tho imaginary ;-)) Employer ki entha oste daani meeda tax untundi. So, your employer needs to pay more tax. Naaku telshi 10% employer tax untadi.. 110 meeda 11 dollars annattu.. This is as per my knowledge.. nenu employer ni kaadu.. In this db, there's always someone watching you!! | ||
| Krishna7 Junior Artist Username: Krishna7 Post Number: 631 Registered: 03-2008 Posted From: 68.162.90.36 Rating: N/A |
Aa 10$ neeku paychek lo kalipi iste(Employer ki extra tax paduddi). Aa 10$ neeku perdiem ga iste(Employer ki emi vundadu) | ||
| Fidelity Junior Artist Username: Fidelity Post Number: 609 Registered: 03-2008 Posted From: 192.100.104.17 Rating: N/A |
For example earlier I used to get 100 from my vendor and my employer used to pay me 80. (employer pays payroll tax) So now if on my personal request with vendor I got a billing hike of $10.( I have an understanding with employer that all the hike from vendor should be transferred to me directly) So now my billing should be 90. But my employer says I have to pay additional payroll tax so I can give you only $7 hike. My assumption is employer is paying the same payroll tax in both the cases?Becuase I assume he pays on the money that he makes out of my billing which is same in both the cases Am I correct? Or did I miss something here? Disclaimer: All the billing rates here are imaginary |
