Sentences with phrase «other withholding taxes»

Employer contributions to an employee's HSA, when run through a Section 125 Plan, are not subject to FICA, FUTA, and other withholding taxes.

Not exact matches

ZenPayroll is a payroll processing app that makes it blissfully simple to process payroll checks, manage withholding taxes, and do other tasks involved with paying employees.

Certain business structures don't protect company owner when it comes to failure to pay taxes or withhold 401 (k) or other employee benefits.

Withholding taxes continue to surge, while other employment measures are neutral.

Compared to other states» rates, that's a savings of up to $ 24.8 million in taxes withheld up front.

All other compensation generally consists of Google's 401 (k) company match of up to $ 8,750, life insurance premiums paid by Google for the benefit of the named executive officer, personal use of company aircraft, and the market value of a holiday gift given to each employee, net of tax withholding, unless otherwise noted.

«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.

In the event Mr. Block's employment terminates due to his death or disability (as defined in his offer letter), he or his estate will be entitled to receive the following payments and benefits (less applicable tax withholdings), in addition to any other compensation and benefits to which he (or his estate) may be entitled under applicable plans, programs and agreements of the Company:

Shares used to pay the purchase price or satisfy tax withholding obligations of awards other than stock options or stock appreciation rights become available for future issuance under the 2013 Plan.

If your debt is sent to the Treasury Department, you should be aware that they can collect using intrusive recovery methods, which include garnishing your wages, Social Security benefits or other retirement benefits, offsetting your bank accounts, and withholding any federal income tax refunds.

The company is not responsible for withholding, collecting and paying the independent contractor's taxes nor any other payments required by the CRA.

In addition to federal tax, your state will make additional withholdings for taxes, and most states will deduct other money that you may owe to the state, such as back taxes, child support, loan payments, etc..

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

SSE Holdings is liable for various other state and local taxes and is subject to tax withholding in foreign jurisdictions.

Backup withholding tax may also apply to payments made to a non-U.S. holder on or with respect to our common stock, unless the non-U.S. holder certifies as to its status as a non-U.S. holder under penalties of perjury or otherwise establishes an exemption, and certain other conditions are satisfied.

If you've ever experienced the sticker shock of realizing you won't be making as much as you thought you would, it's likely because you incorrectly estimated how much of your paycheck would be going toward taxes or other withholding.

If you want to maintain the level of retirement savings in your new account, you'll have to use other funds to make up for the amount of taxes that were withheld.

Suffice it to say that the improvement in new unemployment claims strikes me as a legitimately hopeful development, but there is too much short - term noise, and inconsistency with other economic evidence (reliable leading indicators, falling tax withholdings) to draw a convincing signal.

Some people may refuse to take up arms, others may withhold taxes designated for military ends; and others may renounce jobs or possessions that implicate them in injustice.

As part of the tax increments, government proposed a 1 % withholding tax on profits of savings, treasury bills, mutual funds, and other investments.

And when the Working Families Party threatened to withhold its endorsement because Andrew backed the 2 % tax cap and some other measures that the union left abhors, Andrew rightly calculated that in the end they'd buckle to a deal.

Besides the six companies which were recommended for investigation over alleged non-payment of withholding tax, others that are being probed over the contracts relating to defence equipment procurements include Baram International Nigeria Limited, SEI; Dalfam Nigeria Limited; 2020 Nigeria Limited; Chok Ventures; Clover Nigeria Limited and Westgate Global Trust Limited.

«The N84bn generated by LIRS excludes revenue from Land Use Charge; it is from strict application of taxes from Pay As You Earn (PAYE), withholding taxes, direct assessment and other taxes.

The Tax concession is in respect of Value Added Tax (VAT), National Health Insurance Levy, Customs Duties, Corporate and Withholding Taxes, and other applicable tTaxes, and other applicable taxestaxes.

«When you work for someone else, they pay half of your Social Security and Medicare taxes for you and withhold the other half from your check and send it to Uncle Sam for you,» says CPA Douglas Reiling of Oelerich & Associates.

The board often violated the Internal Revenue Code by withholding too little in taxes for some employees, and too much for others.

The report contains news stories, criminal records, and other documents to detail abuses such as charter school operators embezzling funds, using tax dollars to illegally support other, non-educational businesses, taking public dollars for services they didn't provide, inflating their enrollment numbers to boost revenues, and putting children in potential danger by foregoing safety regulations or withholding services.

If you are a non-U.S. publisher and your country of residence has an existing income tax treaty with the U.S., provided you furnish us with a valid IRS Form W8 - BEN (and / or other required documentation), you may be eligible for a reduced rate of U.S. tax withholding on the royalty payments you receive.

When you are employed, your employer withholds income tax and other tax obligations from your pay and remits them to the government for you.

Withholding tax also applies to other tax - deferred vehicles such as RESPs.

Failure to do so will expose financial institutions to adverse withholding tax and other economic consequences.

For example, if your son and his spouse file a joint return because one or both of them had money withheld from their paychecks, but did not make enough to be required to file a return or owe any income taxes, you could still claim your son — and even his wife — if they meet all the other tests.

Your employer will automatically withhold 7.65 % of payroll taxes as they pay you each paycheck and then they'll automatically pay the other half of your payroll tax (an additional 7.65 %) to bring it to a total of 15.3 %.

Whether or not you'll be affected depends primarily on how much you earned from other employment that did have Social Security taxes withheld.

@littleadv HR is responsible for processing W - 2's and W - 4's and other tax forms, and for determining how much to withhold from your paycheck.

In other words, because your wife is technically self employed, she will owe both sides of payroll tax which is 15.3 % of $ 38k = $ 5,800 on TOP of your federal income tax (which is the only thing the W - 4 is instructing them about what amount to withhold).

30 days of pay stubs, W2 withholding forms, tax returns for two years, or other proof of employment, and income verification

About 75 % of American receive refunds or in other words, most American have too much taxes withheld from their paychecks every year.

Longstanding rules require employers to withhold FICA taxes from amounts paid to their employees as wages, salaries and other forms of compensation.

Other boxes on the W - 2 form include your wages subject to Medicare tax, Social Security taxes that are withheld and information on your state income tax withholding, if applicable.

The U.S. Department of the Treasury, at the request of the U.S. Department of Education, can withhold money from your federal income tax refunds, Social Security payments, and other federal payments to collect your defaulted federal student loan.

Even without issuing a notice, we can collect the penalty by other means, such as withholding a tax refund.

Your W - 2 also reports the amount of federal, state and other taxes withheld from your paycheck.

If you regularly owe taxes when you file your return, or if you have other income sources or deductions that may affect your tax rate, adding an additional withheld amount on line 6 of your W - 4 may put you in a refund position or keep you from owing too much.

The arrival of Vanguard in Canada, the response of iShares» Core ETFs and the response of BMO and other local players has meant Canadian investors need to consider ahead of MERs things like withholding tax treatment or U.S. estate taxes.

There is one other thing you need to know: Unless you're withholding enough in taxes from your regular job to cover your entire tax liability for the year, you may have to make estimated quarterly tax payments to cover what's owed in taxes on side - hustle income.

The Payroll Register worksheet is where you can keep track of the summary of hours worked, payment dates, federal and state tax withholdings, FICA taxes, and other deductions.

At the time an employer pays out qualified pension funds, through retirement or for any other reason, the IRS requires 20 percent withholding to cover future income tax liabilities and penalties.