Trying not to let the door hit me on the rear. . .
Hi Mel. I have been working for a company for nearly three years. In December the owner passed away. Rather than give the business to the son, the widow has decided to sell it. and put us faithful employees on the street. I have been paid under the table this entire time, but still feel cheated. I am curious if I have a leg to stand on. Dare I ask for a severance check? Please tell me my otions, if any. Thanks,
D
Answers (1)
Not the Best Idea
I don't know why your employer would feel obligated to pay you severance. I would also think that you have some business to take care of before you even think about that.
If by "under the table," you mean that taxes were not withheld, FICA was not paid, and your income was not reported to the IRS, you should fix that problem. And you should fix it while the employing company is still around so that it is required to put in its matching share of FICA.
I know that tax withholding can take a big chunk out of one's paycheck, but the penalties and interest that the IRS charges for failure to comply with the laws are, I understand, pretty steep.
posted by Margaret A. Harris | May 22, 2003 09:52 AM [EST]
I don't know why your employer would feel obligated to pay you severance. I would also think that you have some business to take care of before you even think about that.
If by "under the table," you mean that taxes were not withheld, FICA was not paid, and your income was not reported to the IRS, you should fix that problem. And you should fix it while the employing company is still around so that it is required to put in its matching share of FICA.
I know that tax withholding can take a big chunk out of one's paycheck, but the penalties and interest that the IRS charges for failure to comply with the laws are, I understand, pretty steep.
posted by Margaret A. Harris | May 22, 2003 09:52 AM [EST]
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