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re: Question for tax experts/CPA's and the likes

Posted on 11/21/14 at 7:56 am to
Posted by swanny297
NELA
Member since Oct 2013
2189 posts
Posted on 11/21/14 at 7:56 am to
quote:

probably screws the employees


Your getting paid 2 days early whats the big deal, don't touch it until Friday and you will be good...
Posted by LSUEEAlum
Member since Oct 2013
806 posts
Posted on 11/21/14 at 8:20 am to
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.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17316 posts
Posted on 11/21/14 at 8:31 am to
quote:

Your getting paid 2 days early whats the big deal, don't touch it until Friday and you will be good


Because it will be included in his W2 wages and therefore increase his tax liability for 2014

to the OP, unless you are expecting big changes (making significantly less in 2015)I do not really think you will notice much difference either way
This post was edited on 11/21/14 at 9:30 am
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