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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... |
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 |
Yup. Another porking for the sole proprietor or small contractor with a few employees or sub contractors.
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HERES one I can,t figure out …...TDI isn,t taxed ….but if you get [sick] enough to go on PDI .it is ??????????
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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 |
I will leave that up to your interpretation...
https://mailchi.mp/1bbaa61a86cf/two-...5?e=f23470a5c8 |
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"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:
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Lakefront Compound. Western NC, Foothills. Arizona Foothills. I am going to miss here. |
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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. |
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.... |
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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." |
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