Striper Talk Striped Bass Fishing, Surfcasting, Boating

Striper Talk Striped Bass Fishing, Surfcasting, Boating (http://www.striped-bass.com/Stripertalk/index.php)
-   Grumpy Old Pharts Board (http://www.striped-bass.com/Stripertalk/forumdisplay.php?f=41)
-   -   Two more witholding TAXES (http://www.striped-bass.com/Stripertalk/showthread.php?t=95582)

nightfighter 09-25-2019 08:04 AM

Two more witholding TAXES
 
As of October 1, Mass DOR wants withholding for Paid Family Leave and Medical Act, and Short term room/property rentals.
More tax liability on the small businesses, sole proprietor, etc. Withhold up to same income level as social security for FMLA... Labor rates going to be increased, again...

Raider Ronnie 09-25-2019 04:58 PM

I was told small businesses with less than 25 employees don’t benefit from it but still have to pay in.
Keep voting democrat you #^&#^&#^&#^&#^&#^&#^&s
Posted from my iPhone/Mobile device

nightfighter 09-25-2019 05:09 PM

Yup. Another porking for the sole proprietor or small contractor with a few employees or sub contractors.

spence 09-25-2019 06:20 PM

Quote:

Originally Posted by nightfighter (Post 1174866)
Yup. Another porking for the sole proprietor or small contractor with a few employees or sub contractors.

Don't worry, with all the tax cuts going to the .1% you're sure to see some trickle down very soon :(

Nebe 09-25-2019 07:12 PM

Quote:

Originally Posted by spence (Post 1174878)
Don't worry, with all the tax cuts going to the .1% you're sure to see some trickle down very soon :(

He is. The need to fund those cuts has tricked down to the masses.
Posted from my iPhone/Mobile device

Clammer 09-25-2019 08:38 PM

HERES one I can,t figure out …...TDI isn,t taxed ….but if you get [sick] enough to go on PDI .it is ??????????

Slipknot 09-26-2019 12:37 PM

Quote:

Originally Posted by nightfighter (Post 1174866)
Yup. Another porking for the sole proprietor or small contractor with a few employees or sub contractors.

You mean I have to pay this?
I have no employees
Is this just this state?

The more crap these control freaks from the left pull, the closer I am to leaving the State I was born in.
Posted from my iPhone/Mobile device

nightfighter 09-26-2019 12:43 PM

I will leave that up to your interpretation...


https://mailchi.mp/1bbaa61a86cf/two-...5?e=f23470a5c8

The Dad Fisherman 09-26-2019 02:40 PM

Quote:

Originally Posted by Slipknot (Post 1175000)

The more crap these control freaks from the left pull, the closer I am to leaving the State I was born in.
Posted from my iPhone/Mobile device

I’m just waiting to retire.
Posted from my iPhone/Mobile device

JohnR 09-27-2019 07:18 AM

"I am a business with at least one Massachusetts employee"

Hahahaha - you are porked. But there is hope because it says: "If you identified with at least one of the bullets, " You can just identify as something else, maybe identify as a South Dakota employer which has not corporate tax rate.


Quote:

Originally Posted by spence (Post 1174878)
Don't worry, with all the tax cuts going to the .1% you're sure to see some trickle down very soon :(

Surely it will get taxed before it trickles down to anywhere.
Quote:

Originally Posted by The Dad Fisherman (Post 1175021)
I’m just waiting to retire.
Posted from my iPhone/Mobile device




Lakefront Compound. Western NC, Foothills. Arizona Foothills. I am going to miss here.

zimmy 09-27-2019 08:12 AM

Quote:

Originally Posted by nightfighter (Post 1174866)
Yup. Another porking for the sole proprietor or small contractor with a few employees or sub contractors.

I went and read through the website and I came away with a different take on it.

Contribution Split
Employers with 25 or more employees will be required to remit a contribution to the DFML of 0.75% of eligible payroll. This contribution can be split between employee payroll deductions and an employer contribution and will support both types of leave.

Family Leave
Up to 100% of the family leave contribution can be deducted from employee wages.

Medical Leave
Up to 40% of the medical leave contribution can be deducted from employee wages. Employers are responsible for contributing the remaining 60%.


Employers with fewer than 25 employees must remit contributions to the DFML but are not responsible for remitting the employer’s share.


Fewer than 25 employees and you need to submit the 40% that can be deducted from employee wages, but not the 60% employer portion. So if you have an employee that makes 50k, 0.75% is $375 per year. You will need to submit $150 annually for that employee (40% of $375) and it can be deducted straight from their pay check.

So it should cost you nothing. Your employee (assuming bi-weekly pay) should have ~$6.75 deducted per check and be eligible for up to 20 weeks paid medical leave and 12 weeks fml covered by the fund.

Not sure if/how they are making those without employees cover themselves. If you don't take a straight salary, it would be hard to calculate.

FishermanTim 10-01-2019 12:49 PM

The real questions in the end are:

Exactly where will these funds go?
Who will have direct access to these funds?
Will they be accessible for use / movement for the state's "rainy-day, wet-dream project" fund?

Exactly how many hoops will you, the lowly worker, have to jump through to apply for the funds you paid into?

Will illegal immigrants be eligible for receipt of these funds WITHOUT paying into the fund (JUST LIKE WELFARE)???

Inquiring workers want to know....

zimmy 10-01-2019 09:28 PM

Quote:

Originally Posted by FishermanTim (Post 1175502)
The real questions in the end are:

Exactly where will these funds go?
Who will have direct access to these funds?
Will they be accessible for use / movement for the state's "rainy-day, wet-dream project" fund?

Exactly how many hops will you, the lowly worker, have to jump through to apply for the funds you paid into?

Will illegal immigrants be eligible for receipt of these funds WITHOUT paying into the fund (JUST LIKE WELFARE)???

Inquiring workers want to know....

You can read the law. https://www.mass.gov/info-details/wh...r-the-pfml-law. I don't really understand the illegal immigrant thing though. Seems like a red herring. If they work, they will pay in. If they don't work they can't get paid medical leave from a job they don't have.
Posted from my iPhone/Mobile device

piemma 10-02-2019 05:43 AM

Quote:

Originally Posted by nightfighter (Post 1174803)
As of October 1, Mass DOR wants withholding for Paid Family Leave and Medical Act, and Short term room/property rentals.
More tax liability on the small businesses, sole proprietor, etc. Withhold up to same income level as social security for FMLA... Labor rates going to be increased, again...

Yes, and I am a part-time, seasonal employee and I have to pay into it even though I am a RI resident. I work in Mass.

zimmy 10-02-2019 12:37 PM

Quote:

Originally Posted by piemma (Post 1175555)
Yes, and I am a part-time, seasonal employee and I have to pay into it even though I am a RI resident. I work in Mass.

You might qualify for benefits. Depends on where you/your business are located.

for example:
"An employer and individual are covered by MAPFML if the service provided by an individual is “localized in the Commonwealth.” A service is “localized in the Commonwealth” if the service is (1) performed entirely within Massachusetts, or (2) is performed both inside and outside of Massachusetts, but the work performed outside is incidental to the services performed in Massachusetts."

FishermanTim 10-03-2019 12:04 PM

Quote:

Originally Posted by zimmy (Post 1175551)
You can read the law. https://www.mass.gov/info-details/wh...r-the-pfml-law. I don't really understand the illegal immigrant thing though. Seems like a red herring. If they work, they will pay in. If they don't work they can't get paid medical leave from a job they don't have.
Posted from my iPhone/Mobile device

Maybe as the law is written now, but no one can say (with a straight face) that the Democrats won't make a plea that welfare recipients (legal or otherwise) shouldn't be denied this benefit simple because they are legal citizens. Hell, it worked so well for the welfare system, why not???:wall::smash:

zimmy 10-03-2019 08:46 PM

Quote:

Originally Posted by FishermanTim (Post 1175791)
Maybe as the law is written now, but no one can say (with a straight face) that the Democrats won't make a plea that welfare recipients (legal or otherwise) shouldn't be denied this benefit simple because they are legal citizens. Hell, it worked so well for the welfare system, why not???:wall::smash:

I guess I just don't understand what you are saying. This is a program for employees to take time off of work for unusual circumstances. I have no idea how that connects to whether someone is a welfare recipient or not. Most "welfare" recipients do work... so if they work I imagine they are eligible like all other workers. If they don't work, there is no work to take time off from so...
Posted from my iPhone/Mobile device

piemma 10-07-2019 10:48 AM

Quote:

Originally Posted by zimmy (Post 1175624)
You might qualify for benefits. Depends on where you/your business are located.

for example:
"An employer and individual are covered by MAPFML if the service provided by an individual is “localized in the Commonwealth.” A service is “localized in the Commonwealth” if the service is (1) performed entirely within Massachusetts, or (2) is performed both inside and outside of Massachusetts, but the work performed outside is incidental to the services performed in Massachusetts."

Not sure. I'm part-time so what are they going to give me part-time, time off. #^&#^&#^&#^& it. I don't #^&#^&#^&#^&ing care.


All times are GMT -5. The time now is 05:59 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1998-20012 Striped-Bass.com