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re: Question for tax experts/CPA's and the likes
Posted on 11/21/14 at 8:20 am to swanny297
Posted on 11/21/14 at 8:20 am to swanny297
Not a big deal. I'm just suspicious about why the company is doing this. It's the end of the year and they just announced it. It's gotta be an advantage to them and I'm sure it's a disadvantage to the employees regarding taxes. I don't live pay check to pay check so I honestly don't care when I get paid. I just know something shady is going on since they didn't explain to the employees why they are doing it.
2
Posted on 11/21/14 at 1:10 pm to LSUEEAlum
quote:
It's gotta be an advantage to them and I'm sure it's a disadvantage to the employees regarding taxes.
How big is your company? Are they a calendar year taxpayer? It could be they are in a situation where they will get the deduction in 2014 vs 2015. But there are a host of non-tax reasons they may be doing this as well. Maybe they are switching payroll companies/programs on Jan 1. Maybe the person who runs payroll is going to be out of town. Who knows.
Unless your income in 2015 is going to be dramatically different than 2014, this won't affect you really. If your income is going to be dramatically HIGHER in 2015, this actually will help you.
Posted on 11/21/14 at 1:59 pm to LSUEEAlum
quote:If I ever felt that way about my employer I'd find another place to work.
I just know something shady is going on
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