The last time money was sent to the financial company was for the money deducted in January. Is that illegal? What are the consequences? What can I do as an employee?
2006-10-10 08:59:24 · 8 answers · asked by freerelec 1 in Business & Finance ➔ Small Business
First go to HR/Payroll and ask them why this is happening. It might be that there is a reporting error (like they have the wrong social security number on the monthly/weekly remittance for that goes to the IRA company). See what they say first.
If they lie, or do nothing, then you need to call the IRS, go to irs.gov and find a phone number for employment withholding issues. Then call your state attorney general's office and tell them the same thing.
It is very illegal and highly punishable for your company to do this. And while your at it, start looking for a new job. If this isn't an honest mistake, then company knows they are stealing money from you, they know that they will get in deep trouble from the IRS and from the state you live in, yet they are still doing it. Why? You might ask? Probably because they are broke and you will lose your job soon anyway.
Go, go talk to someone in HR/PR today.
2006-10-10 09:11:31 · answer #1 · answered by Gem 7 · 0⤊ 0⤋
you can contact the IRS department and they will help you. You can call a lawyer and he will tell you what you need to do. There could be some big money in damages. Backpay for what he took and plus punitive damages. Get an injunction as well. So you want to find a lawyer quick!
2006-10-10 09:04:38 · answer #2 · answered by Jainboy00703 2 · 0⤊ 0⤋
Save your check stubs and ask your boss where is the money. If he can't give you an account number in your name, take them to a lawyer, because it sounds like theft. If he says it's in a general retirement account for all employess, it's still bad accounting and you'd need a lawyer versed in accounting practices to sort it out.
2006-10-10 09:05:38 · answer #3 · answered by nursesr4evr 7 · 0⤊ 0⤋
Complain to the IRA.
2006-10-10 09:19:49 · answer #4 · answered by ? 7 · 0⤊ 0⤋
I'd throw a brick through his windshield.
2006-10-10 09:11:18 · answer #5 · answered by Genius 2 · 0⤊ 0⤋
call lawyer, sue large.
2006-10-10 09:06:38 · answer #6 · answered by Have gun, will travel. 4 · 0⤊ 0⤋
well that money might be going in his pocket....sue!
2006-10-10 09:11:13 · answer #7 · answered by elbellasera 2 · 0⤊ 0⤋
slap him.but cant you sue
2006-10-10 09:08:26 · answer #8 · answered by pompey 1 · 0⤊ 1⤋