I paid off the thugs today

Old Coastie

Supportive Member
Joined
Jun 29, 2015
Messages
7,504
Location
Heart of Dixie
Name
Stephen
Last year I made a kindly but stupid business mistake; in an effort to keep my elves fed, I paid out their gross percentage without setting aside the withholdings.

Don't do that. It has taken four months to set aside those taxes, but today the check went off to fund the richest government on Earth for one one thousandth of one second.

What grinds my gears is that the elves will get their share as a refund, effectively giving them extra free money. I will not get those withholdings back for the company.

Q: Why are we required to withhold before the employees hit their exemption threshold?

A: Because it fills the government's coffers and I am scared of large men with guns.

On a bright note, I had to turn three customers away today.
 
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Papa John

Lifetime Supportive Member
Joined
Aug 19, 2013
Messages
6,616
Location
San Francisco, CA.
Name
John Stewart
Open up the back page of Business week magazine to see the financial records of a out 40 countries and you will discover that USA is the Poorest. We just have the best Ponzi scheme.
 

Papa John

Lifetime Supportive Member
Joined
Aug 19, 2013
Messages
6,616
Location
San Francisco, CA.
Name
John Stewart
Think about Signing up for intuit payroll to make the tasks easlier-- make a mistake an the government will be knocking on your door again.
 

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