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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (288938)1/22/2009 6:38:51 PM
From: SirWalterRalegh  Respond to of 794220
 
<He was a sly crook. I am sure he did, he surely didn't want the IRS anywhere near him so I would think he was punctilious about taxes.>

Finra and the SEC failed in their multiple audits. The IRS probably would have failed as well.



To: carranza2 who wrote (288938)1/22/2009 11:14:46 PM
From: Sr K  Read Replies (1) | Respond to of 794220
 
It is very rare for an employer to pay an employee's Social Security taxes. They withhold the SS tax and turn it over (monthly, quarterly, or faster for large amounts) to the Treasury and at that time pay the Employer's share of the tax.

In Caroline Kennedy's rumored situation, it was unemployment insurance, not Social Security - according to hearsay of hearsay. In some states there is no "unemployment insurance" requirement until you have 4 employees. If Kennedy had 4 employees, or New York State has a lower threshold, .... I'm not going to get into that much detail on rumors.

The facts may or may not be known soon.

-

*Although she is often incorrectly referred to as "Caroline Kennedy Schlossberg", she did not change her name when she married.