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Any mestri ??


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Nenu na friends ki chestanu because they are my friends + I know the pain of working on H-1B for 10 years.

As an employer, I have to pay FUTA, Social Security Tax, Medicare Tax, SUI for each employee. Ofcourse, naaku ochedi chaala minimum because I have to still pay for running the payroll, my accountant, submitting invoices, interest (sometimes) because I have to pay people before my invoice gets paid, etc., Madyalo evado oka daridrapu vendor gaadu bokka pedtaadu. Too much headache okosaari

Ivi general ga every employer has to pay on an employee

 

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43 minutes ago, Jamkai said:

Nenu na friends ki chestanu because they are my friends + I know the pain of working on H-1B for 10 years.

As an employer, I have to pay FUTA, Social Security Tax, Medicare Tax, SUI for each employee. Ofcourse, naaku ochedi chaala minimum because I have to still pay for running the payroll, my accountant, submitting invoices, interest (sometimes) because I have to pay people before my invoice gets paid, etc., Madyalo evado oka daridrapu vendor gaadu bokka pedtaadu. Too much headache okosaari

Ivi general ga every employer has to pay on an employee

 

Empl0uer pays onl7 payr0ll taxes+insurance. Never heard any empl0yer paying Social Security Tax, Medicare Tax, SUI for each employee.

If you are d0ing. then are you earning like $1-2 hourly for empl0yeee ?

I guess payr0ll taxes is only 7-8%. So in 80-20, mesthri earns about 12-13 % on empl0yee.

for maintenace/staff/insurance even if you remove 3%, then mesthri earns easily 10% in 80-20

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14 minutes ago, user789 said:

Empl0uer pays onl7 payr0ll taxes+insurance. Never heard any empl0yer paying Social Security Tax, Medicare Tax, SUI for each employee.

If you are d0ing. then are you earning like $1-2 hourly for empl0yeee ?

I guess payr0ll taxes is only 7-8%. So in 80-20, mesthri earns about 12-13 % on empl0yee.

for maintenace/staff/insurance even if you remove 3%, then mesthri earns easily 10% in 80-20

This is mandatory boss 

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Payroll taxes = FUTA + Social Security + Medicare +SUI

Liability insurance is extra and is different. Some clients ask for Workers compensation & employers liability. You have to get it from Hartford or Geico.

8% payroll taxes ki insurance, interest, Accountant/payroll fees, etc add cheste migiledi 8-9%. This is not including my time I spend to do all this work. Ee lopala evadaina hand isthe pedda bokka  padinatte. Two years ago oka vendor gaadu $11K bokka pettadu.

3 minutes ago, user789 said:

Empl0uer pays onl7 payr0ll taxes+insurance. Never heard any empl0yer paying Social Security Tax, Medicare Tax, SUI for each employee.

If you are d0ing. then are you earning like $1-2 hourly for empl0yeee ?

I guess payr0ll taxes is only 7-8%. So in 80-20, mesthri earns about 12-13 % on empl0yee.

 

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8 minutes ago, Manikyam said:

i m getting 95-5

pm 

That cannot happen. That can happen only if your employer is not reporting your wages to IRS and not paying payroll taxes. 

Every employer has to pay payroll taxes which is around 8%

i know someone who did not report wages to IRS for one whole year and ran away to India with the $$ that were supposed to be paid as payroll taxes. Vaadu India lo baane untaadu, ikkada employees ki padtundi band baajAa

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1 minute ago, Jamkai said:

That cannot happen. That can happen only if your employer is not reporting your wages to IRS and not paying payroll taxes. 

Every employer has to pay payroll taxes which is around 8%

3%

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